Adele gets $37.7M loan to fund Beverly Hills mega-mansion with Rich Paul
Adele took out a $37.7 million mortgage to fund the Beverly Hills estate that she bought from Sylvester Stallone for $58 million.
The deed, shows that the “Easy on Me” singer took out the hefty loan from City National Bank on Jan. 10, 2022 over a month before she closed on the home.
Adele, 34, now has the standard 30 years to repay the loan.
“Borrower has promised to pay this debt in regular periodic payments and to pay the debt in full not later than March 1, 2052,” the deed states.
But the “Rolling in the Deep” diva will likely have no problem paying it off if her postponed Las Vegas residency at the Colosseum in Caesars Palace relaunches in November as planned.
Adele is set to make more than $1 million per show, and the residency is expected to last for three months.