Adele started a major renovation on the mansion she bought from Sylvester Stallone.

Judging by the photo, the singer completely demolished the second floor and demolished all the walls, leaving only the pool with the Rocky statue intact.

British singer Adele bought her mansion from Hollywood actress Sylvester Stallone for $ 58 million. And a major restructuring began. The Daily Mail writes about it.

Photographs taken by journalists show that Adele has literally emptied the Beverly Hills home, completely demolishing the second floor and leaving only the pool where the Rocky statue is located. However, the singer removed the statue of the polo player.

Adele decided to do a major renovation on the 8 bedroom and 12 bathroom mansion she bought with a mortgage.

The singer bought the mansion of Sylvester Stallone for $ 58 million, this is half the price that the actor planned to help with the house. He wanted 110 million she for the house first, then the price was reduced to 80 million. But she took out a $38 million loan, so she has to pay the bank $227,000 a month to pay it off over the next 30 years.

That amount includes high property taxes for celebrities and a five percent interest rate, which is a hefty amount even for a singer with a net worth of $183 million.

The builders built a large one-story trailer as a temporary base while completing work that seemed far from finished. The work is being led by Valle Reinis, a renowned construction company founded by luxury home builders Brian Valle and TV actor Rob Reinis. Rob’s wife, Zoe Winkler Rainis, is Kim Kardashian’s best friend, who calls Zoe one of her best friends.

Sly Stallone’s former mansion is one of Beverly Park’s largest estates, with 3.6 acres and stunning city views. This is a closed area where celebrities live.

But the massive house purchased from Stallone is not the first house in Adele’s portfolio. Previously, he had bought three cheaper homes in Beverly Hills.

He bought his first four-bedroom home in 2016 for $8.4 million. Adele bought the second five-bedroom, which she bought in 2019, and the third, four-bedroom, with a basketball court, in 2021 for $10 million.

But apparently, all these houses did not meet his ideas for comfort, so he bought Stallone’s house as well.

Recall, Adele provoked rumors that she was engaged to her boyfriend Rich Paul. The singer appeared in Las Vegas with a diamond ring on her finger.

Source: Focus

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