Lender sues to foreclose on rapper Birdman’s Miami Beach mansion

At about the same time rapper and producer Bryan “Birdman” Williams cut the asking price of his Miami Beach estate, his lender filed a foreclosure lawsuit against the music mogul.

Fort Lauderdale-based Chemtov Mortgage Group is suing to foreclose on the waterfront mansion at 70 Palm Avenue. The lender alleges that Williams stopped making payments in June on a $12 million loan he used to buy the property in 2014, the Miami Herald reported.

CM Spirits LLC, Williams and others have accrued more than $800,000 in unpaid interest, late fees and charges, according to the suit.

The property is currently on the market for $16.9 million, down from $20 million.

The Cash Money Records co-founder bought the house in 2016 from Rockstar Energy Drink founder Russell Weiner for $14.25 million, and spent millions renovating the 20,000-square-foot waterfront home.

The seven-bedroom, 12-bathroom mansion features about 100 feet of water frontage with a dock for a 100-foot yacht, a volleyball court, movie theater, chef’s kitchen, two wine cellars, a four- and two-car garage, a pool, and a summer kitchen with a pizza oven. [Miami Herald] – Katherine Kallergis