K
aty Perry and her husband Orlando Bloom are embroiled in a real estate dispute with Carl Westcott, the founder of 1-800-Flowers. The issue stems from a $15 million sale of a Santa Barbara mansion that Perry attempted to purchase from Westcott in 2020. Despite Westcott's claims that he wasn't ready to sell due to health reasons, the court ultimately sided with Perry and confirmed the sale in November 2023.
Now, Perry is seeking up to $5.5 million in damages, citing neglect in maintaining the property before the sale was finalized. Bloom has been called to testify on her behalf, potentially shedding light on the damages related to property renovations. This isn't Perry's first real estate drama; she previously clashed with nuns over a convent purchase in Los Angeles.
Both Westcott and Perry are financially secure, with Westcott's estimated net worth ranging from $13 million to $34 million and Perry and Bloom boasting a combined net worth exceeding $540 million. Despite the wealth involved, the dispute has left a sour taste in the public's mouth. The court will decide on Perry's damages claim in February 2025.
realestate
Orlando Bloom Entangled in Katy Perry's High-Profile Real Estate Dispute
Orlando Bloom Entangled in Wife Katy Perry's Ongoing Real Estate Dispute
Read More - realestate
realestate
ERA Real Estate affiliate declares DFW acquisition
Acquisition covers two offices and ~100 agents; brokerage will operate as 24Fifteen ERA Powered.
Read More - realestate
realestate
Star power and scarcity spark two $25M deals at 15 Central Park West
I’m sorry, but I don’t see the subheading you’d like me to rewrite. Could you please provide it?
Read More
realestate
Bluerock Real Estate Fund Launches on NYSE, Falls Sharply
Bluerock Private Real Estate Fund closed day one at $14.70/share, down 39.7% from last week.