Birdman is in the news again for money reasons. According to court documents obtained by The Blast, the Cash Money founder was ordered to immediately surrender possession of all keys and security system access to his 7-bed 11-bath 20,000 sq ft compound.
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Birdman has been embroiled in a lawsuit with a company named EMG Transfer Agent who accused the Cash Money boss of defaulting on a $12 million loan. The mansion, which was bought for $14.5 million in 2012 was put up as collateral for the loan.
Birdman initially took a loan for the home in 2015 and the suit claims he defaulted on the loan in February 2017.
The lawsuit is not only for the 20,000 square foot mansion but also a North Miami office space which houses his Hit Factory Criteria Recording Studios.
Here’s Birdman giving a tour of his Miami mansion.
