Assuming a judge’s approval, Prince’s enormous real estate holdings are about to be put up for sale.
TMZ reports that Prince’s camp is looking to begin the process of selling off his many assets. However, don’t expect any bargains. According to court documents, the estate has made it clear that it will only accept offers that are at least 90 percent fair market value.
Prince has an eclectic real estate portfolio that sprawls from New York to Beverly Hills, Minnesota and maybe more. It is unknown at this time which specific properties will be made available. His Minnesota holdings alone have been valued at roughly $30 million.
A move toward sales indicates that Prince’s heirs are interested in liquidating his assets. Still, a judge needs to sign off before any deals can be consummated.