Real Estate Rumors

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NBA All-Star Media Day is prime time for questions from reporters who often don’t cover the NBA day to day. So one reporter asked a sort of offbeat question about if he had made any bad business investments. “Hopefully the best one’s coming soon, I’ve got a couple of things working right now. I haven’t made too many bad ones yet. Still young,” he said. “I dabbled in real estate, too early. Before I knew what I was doing. So I have a couple of properties that aren’t doing too well. So if anyone’s in the market for a nice 3-bedroom house in the greater Charlotte area, you let me know.”
Another day passed Tuesday without a sentence in the fraud case of a former NBA player convicted of running a real estate Ponzi scheme. Former University of Connecticut and New Jersey Nets guard Tate George appeared in federal court in Trenton on Tuesday for the continuation of a hearing that spanned two days earlier this month. The parties are scheduled to return to court Wednesday morning. George has been jailed since his 2013 conviction on four counts of wire fraud. Each count carries a maximum 20-year sentence, but George is expected to face considerably less time.
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NBA All-Star and Olympic gold medalist Tyson Chandler, who plays for the Phoenix Suns, and his wife, Kimberly, have put their home in guard-gated Hidden Hills on the market for $9.995 million. The defensive-minded center put his stamp on the single-level Traditional-style house during his ownership, redoing the interiors while adding a detached man cave/theater room, a detached gym with a steam shower and horse facilities to the 1.34-acre property.