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Thread started 06/20/19 10:54am

luv4u

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The Estate Discussion - Part 21 - continued

Part 20 self locked https://prince.org/msg/7/459135

Part 19 self locked http://prince.org/msg/7/458428
Part 18 self locked: http://prince.org/msg/7/457673


Continue discussion here--------------------------------------

Sign up to receive updates or click on link of court documents below. luv4u

Link: http://www.mncourts.gov/I...elson.aspx

Edmonton, AB - canada
Mod Goddess of the SNIP & BAN Making Moves - OF4S
Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #1 posted 06/20/19 10:56am

luv4u

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Prince’s Caribbean escape just sold, and you may soon be able to rent it

by Jay Gabler · June 20, 2019


Prince-Turks-Caicos-4.jpg


If $11 million was a little much for your budget but you’re still hoping to vacation like a Minneapolis music legend, good news: Prince’s Caribbean estate has sold to a buyer who says he plans to rent it out when he’s not using it, and yes, he’s keeping the purple driveway.


The Wall Street Journal reports that Tom Barnes, a businessman from North Carolina who’s also a longtime Prince fan, paid $10.8 million for the estate, which Prince bought several years before his 2016 death and Prince-ified in high style. The late star’s estate has been trying to sell the estate for the past few years, hoping to make as much as $15 million but finally settling for just a bit more than Prince paid originally.


Read the rest here. Link: https://blog.thecurrent.o...uia_wAiPdY




Wonder if the money from this sale will go towards the taxes.

Edmonton, AB - canada
Mod Goddess of the SNIP & BAN Making Moves - OF4S
Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #2 posted 06/20/19 12:53pm

ISaidLifeIsJus
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We dont know if there was a mortgage attached to this house or if he paid cash.

The house is never listed on the Estate inventory because it is located out of the country.

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Reply #3 posted 06/21/19 12:23pm

onlyforaminute

Timeout. I just noticed, call me late. Is that road really purple?

Year of Return 2019
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Reply #4 posted 06/21/19 1:13pm

ISaidLifeIsJus
tAGame

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onlyforaminute said:

Timeout. I just noticed, call me late. Is that road really purple?



Yes,

If you look at Kiran's video of the drive down the road, it shows it is purple.

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Reply #5 posted 06/21/19 8:06pm

LovePaisley

Looks recently repainted. I always wonder though, at what hardware store in t&c can you walk in and say, "I need 200 gallons of purple concrete paint, please?"

eek
And the MUSIC continues...forever...
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Reply #6 posted 06/22/19 10:09am

80tomato

love that the buyer is a Prince fan and his company is 319 Capital Investments biggrin

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Reply #7 posted 06/27/19 7:33am

2freaky4church
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Family, release a bunch of stuff for free. He didn't die for your grift! The music belongs to heaven.

All you others say Hell Yea!! woot!
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Reply #8 posted 06/27/19 1:02pm

Astasheiks

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luv4u said:

Prince’s Caribbean escape just sold, and you may soon be able to rent it

by Jay Gabler · June 20, 2019


Prince-Turks-Caicos-4.jpg


If $11 million was a little much for your budget but you’re still hoping to vacation like a Minneapolis music legend, good news: Prince’s Caribbean estate has sold to a buyer who says he plans to rent it out when he’s not using it, and yes, he’s keeping the purple driveway.


The Wall Street Journal reports that Tom Barnes, a businessman from North Carolina who’s also a longtime Prince fan, paid $10.8 million for the estate, which Prince bought several years before his 2016 death and Prince-ified in high style. The late star’s estate has been trying to sell the estate for the past few years, hoping to make as much as $15 million but finally settling for just a bit more than Prince paid originally.


Read the rest here. Link: https://blog.thecurrent.o...uia_wAiPdY




Wonder if the money from this sale will go towards the taxes.

What a Cool looking road... "Purple Road"!!! razz lol

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Reply #9 posted 06/27/19 1:03pm

Astasheiks

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ISaidLifeIsJustAGame said:

onlyforaminute said:

Timeout. I just noticed, call me late. Is that road really purple?



Yes,

If you look at Kiran's video of the drive down the road, it shows it is purple.

Where can we wee Kiran's video?

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Reply #10 posted 06/28/19 11:51am

Astasheiks

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How long did Prince own this? What years time frame? I bet P did some good kisses love sexy heart pat love2 kiss2 biggrin

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Reply #11 posted 06/28/19 12:41pm

Astasheiks

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Opinions: Will the Estate be Settled this year??? confused

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Reply #12 posted 06/29/19 10:51am

luv4u

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Astasheiks said:

Opinions: Will the Estate be Settled this year??? confused



No

Edmonton, AB - canada
Mod Goddess of the SNIP & BAN Making Moves - OF4S
Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #13 posted 06/29/19 4:51pm

ISaidLifeIsJus
tAGame

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luv4u said:

Astasheiks said:

Opinions: Will the Estate be Settled this year??? confused



No



No

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Reply #14 posted 07/01/19 6:29pm

PennyPurple

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I can't get the full article because I don't subscribe to the NY Times, but what is this about?



Two years ago, Andrew Intrater’s Manhattan private equity firm was thriving. He had rubbed elbows with billionaires at President Trump’s inauguration. And he had a lucrative investment involving the heirs to the fortune of the musician Prince.


https://www.nytimes.com/2...FS_HGtZZks

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Reply #15 posted 07/01/19 6:30pm

nelcp777

Astasheiks said:

Opinions: Will the Estate be Settled this year??? confused


No
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Reply #16 posted 07/01/19 8:10pm

ISaidLifeIsJus
tAGame

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PennyPurple said:

I can't get the full article because I don't subscribe to the NY Times, but what is this about?



Two years ago, Andrew Intrater’s Manhattan private equity firm was thriving. He had rubbed elbows with billionaires at President Trump’s inauguration. And he had a lucrative investment involving the heirs to the fortune of the musician Prince.


https://www.nytimes.com/2...FS_HGtZZks




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Reply #17 posted 07/01/19 9:25pm

nelcp777

ISaidLifeIsJustAGame said:

PennyPurple said:

I can't get the full article because I don't subscribe to the NY Times, but what is this about?



Two years ago, Andrew Intrater’s Manhattan private equity firm was thriving. He had rubbed elbows with billionaires at President Trump’s inauguration. And he had a lucrative investment involving the heirs to the fortune of the musician Prince.


https://www.nytimes.com/2...FS_HGtZZks



I think this article should have a separate thread.

I am confused how he has an investment with the heirs.

By Ben Protess and William K. Rashbaum

    • July 1, 2019


He lent 3 heirs $10 million till the estate is settled and they get their cut.

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Reply #18 posted 07/01/19 9:31pm

ISaidLifeIsJus
tAGame

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So now we know....it is all about the money and not the legacy.

nelcp777 said:

He lent 3 heirs $10 million till the estate is settled and they get their cut

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Reply #19 posted 07/02/19 4:47am

PennyPurple

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nelcp777 said:

ISaidLifeIsJustAGame said:



I think this article should have a separate thread.

I am confused how he has an investment with the heirs.

By Ben Protess and William K. Rashbaum

    • July 1, 2019

He lent 3 heirs $10 million till the estate is settled and they get their cut.

eek Did it say which heirs? What's going to happen if they don't even get 10 mil each? Sheesh.

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Reply #20 posted 07/02/19 7:06am

nelcp777

PennyPurple said:

nelcp777 said:

He lent 3 heirs $10 million till the estate is settled and they get their cut.

eek Did it say which heirs? What's going to happen if they don't even get 10 mil each? Sheesh.

The article I read did not name the heirs. Here is a legal filing. Starting on page 21 of 58, there are details of the loan:

https://www.courthousenews.com/wp-content/uploads/2019/07/IntraterTreasury-COMPLAINT.pdf

[Edited 7/2/19 7:13am]

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Reply #21 posted 07/02/19 9:05am

purplemist7777

PennyPurple said:



nelcp777 said:




ISaidLifeIsJustAGame said:





I think this article should have a separate thread.


I am confused how he has an investment with the heirs.






By Ben Protess and William K. Rashbaum





    • July 1, 2019






























He lent 3 heirs $10 million till the estate is settled and they get their cut.



eek Did it say which heirs? What's going to happen if they don't even get 10 mil each? Sheesh.


I believe it’s Tyka, Omarr and Alfred. Their advisor was shopping around a deal. Sad
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Reply #22 posted 07/02/19 9:11am

ISaidLifeIsJus
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They each got over $3M from this investor.

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Reply #23 posted 07/02/19 10:13am

nelcp777

ISaidLifeIsJustAGame said:



They each got over $3M from this investor.

Yes and the legal file from my previous post has the dates as well. The heirs are excluded from the freezing of the accounts (if I read it correctly). I just grazed over it.

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Reply #24 posted 07/02/19 12:30pm

nelcp777

Is this Jacqueline Nicholson the same woman in the invesitgation files that was playing phone tag with investigators? She claimed that she was engaged to Prince in 2007? She claims she has memories of how he got his drugs per the voicemail she left in the investigate files.

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Reply #25 posted 07/02/19 1:12pm

ISaidLifeIsJus
tAGame

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nelcp777 said:

Is this Jacqueline Nicholson the same woman in the invesitgation files that was playing phone tag with investigators? She claimed that she was engaged to Prince in 2007? She claims she has memories of how he got his drugs per the voicemail she left in the investigate files.



I think it is the same one.

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Reply #26 posted 07/02/19 3:11pm

PennyPurple

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purplemist7777 said:

PennyPurple said:

eek Did it say which heirs? What's going to happen if they don't even get 10 mil each? Sheesh.

I believe it’s Tyka, Omarr and Alfred. Their advisor was shopping around a deal. Sad

I gave to much credit to the younger ones, thinking they would be the ones to protect the legacy. sad

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Reply #27 posted 07/03/19 4:55am

1Sasha

PennyPurple said:

purplemist7777 said:

PennyPurple said: I believe it’s Tyka, Omarr and Alfred. Their advisor was shopping around a deal. Sad

I gave to much credit to the younger ones, thinking they would be the ones to protect the legacy. sad

It has always been about the money. They didn't care for him. He was their cash register, pure and simple. The saddest part of this is that he apparently had no one who truly cared for him, no one he could trust with his legacy and indeed his life.

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Reply #28 posted 07/03/19 9:25am

Rev

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1Sasha said:

PennyPurple said:

I gave to much credit to the younger ones, thinking they would be the ones to protect the legacy. sad

It has always been about the money. They didn't care for him. He was their cash register, pure and simple. The saddest part of this is that he apparently had no one who truly cared for him, no one he could trust with his legacy and indeed his life.

I'm sure his family gave him plenty of reasons to keep them at a safe distance. Sorry to say, I believe he isolated himself from the other people who did care about him.

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Reply #29 posted 07/05/19 8:22pm

ISaidLifeIsJus
tAGame

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One of the heirs filed a $10 mil lawsuit against Angela Aycock the Estate Officer for Comerica.

lol

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