Prince's Estate Ready to Sell Off Real Estate
Prince Everything Must Go ... Estate Ready to Dump Properties
Prince's massive real estate holdings are about to hit the open market ... if his estate gets a judge's approval.
The special administrator of Prince's estate has filed a request to start unloading various real estate holdings. It won't be a fire sale though ... according to the docs, the estate says it will only accept offers that are at least 90% of fair market value.
It's unclear exactly which of his properties will be for sale -- the court has sealed that part of the request -- but Prince is known to have real estate in Minnesota, Beverly Hills, New York and possibly more. His Minnesota holdings alone have been estimated at nearly $30 mil.
The move is a sign Prince's heirs are looking to liquidate his assets rather than hold onto 'em for sentimental reasons.
The judge still needs to sign off on the deal.