celebrity real estate

Michael Jackson: Memorabilia’s On The Block

If you’re a huge Michael Jackson fan, hopefully you’re reading this story from Las Vegas.  The reason I say that, is that starting tomorrow (May 30th) Vegas will host the largest Jacko collection auction in history.

The Hard Rock Hotel and Casino will be the setting for the landmark event.  There was some legal red tape leading up to the sale, but the auction can now proceed after Jackson’s lawyers settled the case with the chief executive of Universal Express and proprietor of the objects, Richard Altomare. The involved parties came to the realization that Jackson had no claim to the items.

David Beckham’s US Move: Bittersweet

Unless you’ve been living under a rock, you know that David Beckham is planning to move to the United States this summer to take on the role of pumping up soccer in America.  He’ll be joining the Los Angeles Galaxy in hopes of making the sport into the phenomena that it is everywhere else in the world.  But the move is bittersweet.

The stylish soccer stud will clearly miss the camaraderie he shares with his Real Madrid teammates. Roberto Carlos, Mahamadou Diarra and Fernando Gago, were spotted joking with Beckham at a recent car event in the Spanish capital. And last week David joined some of his closest friends from the team for a gathering at one of his favorite restaurants.  They presented him with an engraved silver tray and told him that he’d always have a home in Madrid. 

Leo DiCaprio Faces Lawsuit Over Basketball Court

From starring in The Basketball Diaries to numerous sightings at LA Lakers games, Leonardo DiCaprio has always been known to be a fan of the sport of basketball. This passion led the actor to begin construction of a personal basketball court at his home - which now looks as if it may land Leo in another kind of court.

According to People reports, “DiCaprio’s Los Angeles neighbors, Ronald and Joan Linclau, filed a lawsuit Thursday alleging that DiCaprio’s backyard renovation for the recreation area has caused damage to their uphill property since July 2004.”

TomKat Neighbors Up With the Beckham’s

Tom Cruise and Katie Holmes have been in the market for a new home ever since the birth of their daughter, Suri Cruise.  Unfortunately, there has been nothing for sale that the celebrity couple felt they could call home.  So, instead of continuing to look at other homes for sale, Cruise decided to make an offer on a place that wasn’t even up for sale.

Cruise, who has been renting for the past four years, paid an estimated $35 million for the family’s new estate.  This offer was in such excess of the market price that the current owners had no choice but to sell their home to the Hollywood superstar couple. 

50 Cent Selling Multi-Million-Dollar Mansion

If you have ever wanted to live in Connecticut, now might be the time to act on your aspirations.  That is, if you have $10 million to throw at some new digs.

Back in 2003, rapper 50 Cent bought a 48,000 square foot estate for $4.1 million and tossed another $6 million into it over the past few years.  He put in a helipad, and renovated the mansion top to bottom.