Real Estate Rumors
But in an interview with CNN Money, he said it wasn’t gambling — which he was reported to have lost a lot of money on — as much as bad real estate deals backed by his personal collateral. From CNN: The economic chaos caused the implosion of Walker Ventures, his Chicago real estate firm. “We got caught in the recession. We had a ton of undeveloped real estate. It went bad. The banks wanted their money back,” he said. As if that wasn’t bad enough, Walker had unwisely put up his personal financial portfolio as collateral. He ended up being forced to pay back about $20 million to banks.
The Westchester home of former N.B.A. star Allan Houston—complete with indoor basketball court and trophy room—is listing for $19.9 million. Measuring about 19,300 square feet, the house sits on more than 10 acres in Armonk, N.Y., in the exclusive gated community of Conyers Farm, according to real estate agent Brian Milton of Houlihan Lawrence, who is listing the property with colleague Ellen Mosher. The French Country-style estate has seven bedrooms, 10 full and two half bathrooms, Mr. Milton said.
Shawn Marion FINALLY unloaded his Miami condo … the one he was so desperate to sell, he once offered up Super Bowl tickets to any takers! The former NBA champ closed the deal on the massive, 7,373 sq. ft pad, which features six bedrooms and seven baths. It’s located in a super exclusive Coconut Grove gated community. Marion lost money on the deal — he sold it for $1.8 million after buying it in 2008 for just under $2.5 million.
Klay Thompson, one-half of the Golden State Warriors’ sweet-shooting “Splash Brothers,” now has a splashy home to go with the title. The shooting guard, who has played his part in the Warriors’ run to the NBA Finals, found time to make another sort of play earlier this year, buying an ocean-view home in Dana Point for $2.2 million.
Other living spaces include a step-down living room, a formal dining room and a master suite with a glass-enclosed shower. In all, there are four bedrooms and 4.5 bathrooms in 4,505 square feet. Outdoors, a covered patio opens onto a long swimming pool. A water-facing terrace extends off the home’s upper level. Stojakovic bought the home in 2012 for $3.675 million, records show.