Adele Takes Out $37.7 Million Loan to Buy Sylvester Stallone’s Old House

Adele had to take out a massive loan in order to purchase a new mansion, but she still managed to get Sylvester Stallone’s former home for a steal. The pop star took out a $37.7 million mortgage in order to purchase the Rocky star’s old Beverly Hills Park estate, according to the deed obtained by the New York Post. The document shows that Adele was issued a standard 30-year loan by City National Bank on January 10, 2022, a little over a month before she closed on the home. The news comes as her postponed Las Vegas residency at the… Read Full Article