..:: Rockstar Energy CEO Buys Scott Storch's Previous House ::..

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Joined Jun 27, 2005
Via Whipautos.tv

Over the past couple years we touched on the rise and fall of music producer Scott Storch. His Miami home was eventually foreclosed on as part of his financial meltdown. Now Russ Weiner, the CEO of Rockstar Energy drink has announced that he is the new owner of Villa Ferrari, Storch’s former 20,000 square foot home on Palm Island. The mansion has
a 100 foot boat dock, 11 bedrooms, 15 bathrooms, 3 guest houses and two pools. Last summer we learned that after Storch declared bankruptcy, SunTrust bank, which held two mortgages worth a combined $7.75 million against the property, bought the property back at auction on for $5.5 million. Storch had bought the home for $10.5 million but it had been listed for $13.9 million. Alex Shay found that SunTrust sold the property to Weiner Russell Trust for $6.75 million. According to Shay the house was, like many homes that have gone through a prolonged foreclosure, not in great shape and that renovation is needed.

 
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Joined Apr 3, 2010
Originally Posted by SIRIUS LEE HANDSOME

Where's Scott Storch living now? Anyone know?
In the studio is where he should be living. He needs to make some hits and make them quick, he must have crazy debts.
 
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Joined Mar 18, 2008
Originally Posted by supahoopa

i heard a lil about scott storch ..
but what exactly happened?
i think his yay habit got out of control/he was living out of his means
theres a MTV article somewhere
 
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