HoopsHype Real Estate rumors

October 27, 2013 Updates

One thing we haven't talked to you about is your decisions with real estate. You've purchased some property in the area and sold another. Is there anything you can tell us about what that all means? Kevin Durant: I mean, nothing really. Nothing, to be honest. Like I said, I'm always moving so I guess I like the feel of it being new I guess. But every time I move it was about location, how close it is to the gym, how close it is to the practice facility, how big the house is. And with my mom and my brother starting to move out of the house I started to downsize a little bit and get something a little bit more homey just for myself. But living in almost every part of the city I feel like has helped me get more acquainted with the people, directions and just seeing parts of the city I never thought I would be around. So living downtown now is quite an experience because I see so many people and see so many different things. I don't feel secluded. When I was living out in Edmond, in the Gaillardia area, I felt so far away from the people. But now I feel right in the mix so it feels cool. Oklahoman

October 23, 2013 Updates

The seven-bedroom Burr Ridge mansion that former Chicago Bulls center Eddy Curry lost to foreclosure in March 2012 has been listed for $3.999 million. A Bull from 2001 until 2005, Curry, 30, now plays basketball in China. He last played in the NBA in late 2012. In 2006, Curry paid $6.2 million for the newly built mansion. Chicago Tribune

October 18, 2013 Updates

NBA Hall of Famer and team owner Michael Jordan has apparently grown tired of trying to sell his 56,000-square-foot mansion outside of Chicago. The Wall Street Journal reports the compound, first listed nearly two years ago at $29 million, is now headed for the auction block. Earlier this year, the price was cut by more than a quarter, but still no takers have emerged. "My kids are grown now, and I don't need a large house in Chicago," Jordan told the WSJ in an email this week, adding that he spends his time in Jupiter, Fla., when he's not in Charlotte, where his Charlotte Bobcats (soon to be Charlotte Hornets) are based. Business News

October 16, 2013 Updates

Former NBA basketball coach Mike Dunleavy Sr. is selling his luxury apartment in the Century City neighborhood of Los Angeles. It’s been a few years since Dunleavy last roamed the sidelines of Staples Center as head coach of the Los Angeles Clippers. Dunleavy presided over the team from 2003 until 2010, when he stepped down from his duties as head coach. He stayed on with the organization as general manager, but was let go at season’s end. Realtor

October 14, 2013 Updates

Whether Lamar Odom will earn an NBA paycheck this season remains in question, but the embattled basketball player stands to pull in $17,000 a month if he can find a tenant for his Miami mansion. Odom acquired the palatial Pinecrest property for $3 million in the summer of 2009, when the then-free-agent forward was being courted heavily by the Miami Heat and bride-to-be Khloe Kardashian was set to launch the “Keeping Up with the Kardashians” spin-off, “Kourtney and Kim Take Miami.” Odom eventually re-upped with the Los Angeles Lakers on a four-year, $33 million contract, but evidently opted to keep the South Beach home. Realtor

October 10, 2013 Updates

Curt Schilling’s estate sale isn’t the only big ticket item up for grabs in the Boston area. A modern mansion in Concord, MA, owned by Brooklyn Nets forward Kevin Garnett has come to market. The listing of Garnett’s home follows, nearly four months to the day, an offseason trade that sent the aging superstar Garnett, Paul Pierce and Jason Terry to the Nets. The Celtics, who were looking to expedite a roster overhaul by trading its veteran core players, received Gerald Wallace, MarShon Brooks, Kris Humphries, Keith Bogans, Kris Joseph and three first-round draft picks in the deal. Garnett and his wife, Brandi, originally purchased the mansion in September 2007 for $4.625 million after the 6-foot-11 big man was traded to Boston by the team that drafted him out of high school, the Minnesota Timberwolves. The couple now seeks to turn a small profit after listing the home for $4.85 million. Realtor

Garnett and his wife Brandi have recently listed the home — located at 75 Buttricks Hill Dr, Concord, MA — for $4.85 million. The listing price isn’t much more than what the Garnetts paid in 2007; according to property records, the couple bought it for $4.65 million. Despite Concord property values increasing 9.2 percent year-over-year, they did buy at the height of the market, and home values have not returned to those numbers since. However, the Concord market is still strong — with nearly 90 homes for sale, and nearly all topping the median home price. And with Garnett’s connection to the home, it’s bound to sell. Forbes.com

Kevin Garnett, now a Brooklyn Net, has put his palatial, 11,000-square foot home in Concord, Mass., on the market. It could be yours … should you have $4.85 million in spare change sitting around. Here’s some of the flowery writing in the listing, which describes the mansion as, “the glamor and style of California in a gorgeous New England setting”: Sun flooded interiors with elegant custom finishes, young fresh design offering a sumptuous master bedroom suite with an amazing oversized dressing room. Fully finished lower level with a wine cellar,media room and a gym fit for a champion. The Big Lead

October 9, 2013 Updates

Now here’s a piece of Boston Celtics memorabilia you don’t see every day! The award-winning Concord home of former Celtics superstar Kevin Garnett and wife Brandi Garnett just hit the market for $4.85 million. Located at 75 Buttricks Hill Drive, the home features more than 11,000 square feet of living space, has five bedrooms, five full bathrooms, two half bathrooms, a four-car garage, and stands on almost 13 acres. Take a look inside the Concord home of a former Celtics legend. Boston Globe

October 1, 2013 Updates
September 30, 2013 Updates

The alleged Kevin Durant-Dwyane Wade feud may be the talk of Twitter, but over on realtor.com, it’s KD’s Oklahoma City home that is generating all the buzz. The Thunder superstar has listed his estate in the suburbs of Northwest Oklahoma City. Durant purchased the Northwest Oklahoma City residence in 2011 for $1.799 million and now looks to bank roughly $250,000 on the property if he gets his current asking price - $1.95 million Realtor

September 19, 2013 Updates
September 18, 2013 Updates

Stephon Marbury's about to lose his SECOND home due to foreclosure, at least if his bank gets its way ... because the former NBA star has allegedly failed to pay his mortgage yet again. U.S. Bank International filed legal docs against Marbury, claiming he hasn't made mortgage payments on his 2-bedroom 2-bathroom NYC condo since March 2010, and currently owes $844,035 on the property ... which he purchased in 2006 for more than a million dollars. TMZ.com

September 14, 2013 Updates

Just a few months after signing Dwight Howard in an $88 million megadeal, Houston Rockets owner Leslie Alexander was relatively frugal while shopping for apartments in New York City. Alexander recently completed the sale of a duplex penthouse on the 17th and 18th floors of 18 Gramercy Park South for a cool $42 million, which is just under half of what he paid for the Houston Rockets franchise in 1993 ($85 million). The residence is one of the most exclusive in the city, and Alexander will receive a key to his own private park, which only residents are allowed to enter. For The Win

September 5, 2013 Updates
August 23, 2013 Updates

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