(AllHipHop News) Hip-Hop mogul Bryan "Birdman" Williams has agreed to sell his huge Miami, Florida mansion, after defaulting on a $12 million loan.
Birdman purchased the estate in 2012 for $14.5 million, but soon ran into problems after taking a loan against the property through EMG Transfer Agent, back in 2015.
According to reports, Birdman and EMG have already have a purchaser for the home, who will get the mansion “as is” for $13,500,000.
The news comes just weeks after it was revealed Cash Money has finally reached a $10 million dollar settlement in their battle with Lil Wayne, over royalties due to his Young Money imprint and for his album Tha Carter V.