ALL FOR DEFAULTING ON A $12 MILLION LOAN!!!
Looks like Birdman will be out house shopping soon! According to court documents, Birdman was ordered to immediately surrender possession of all keys and security system access to his 7-bed 11-bath 20,000 sq ft compound. He has been tangled in a lawsuit with a company named EMG Transfer Agent. They accused Birdman of defaulting on a loan of $12 million dollars. The $14.5 million dollar mansion was put up as collateral for the loan. This also includes all contracts, leases, rental agreements, fixtures furniture and equipment. The mansion included a ground pool, cabana, gym, spa, in-house massage room and of course the private waterfront dock.
Birdman has still not responded to the allegations in the lawsuit.