Business
Matthew Stafford buys part of Drake’s party compound for $11 million
A number of months after successful the Tremendous Bowl, Matthew Stafford is happening a spending spree. The Rams quarterback simply dropped $11 million on two neighboring Hidden Hills properties owned by Drake, The Occasions has confirmed.
Stafford should’ve favored what he noticed. He purchased the bigger residence for $5 million, or $500,000 greater than the asking worth, and spent $6 million on the smaller one — greater than double the asking worth of $2.9 million. He now owns three properties within the star-studded neighborhood, after selecting up a spec mansion final yr for $19.6 million.
The contiguous properties make up two-thirds of the prized actual property package deal that Drake has been compiling for the final decade and buying round for a mixed $22.2 million after shopping for Robbie Williams’ Beverly Crest property for $75 million. The third piece — a party-ready property often known as the “Yolo Property,” full with a recording studio and mechanical bull — continues to be available on the market for $14.8 million.
Stafford’s new $5-million home sits on 1.6 acres and covers 3,645 sq. toes, with an 800-square-foot guesthouse. Residing areas have excessive ceilings and hardwood flooring, and out again there’s an oval swimming pool and pizza oven.
The $6-million home has a bit extra land, with pine, sycamore and citrus bushes unfold throughout two acres. On the heart, there’s a 2,449-square-foot residence with splashes of brick inside and outside.
Branden and Rayni Williams of the Beverly Hills Estates held the listings for each properties. Michelle Graci, additionally with the Beverly Hills Property, represented Stafford.
Stafford spent the primary 12 years of his NFL profession with the Detroit Lions, incomes a Professional Bowl nod in 2014. In 2021, he was traded to the Rams and led the staff to a 12-5 report and a Tremendous Bowl title in his first season.