Jennifer Lopez Loses Her Brickell Condo to Foreclosure
Jennifer Lopez is the latest victim of Florida's foreclosure crisis. The condo in the Icon Brickell building she was shacking up in with her latest younger lover, Caspar Smart, has now been bought up out of foreclosure by someone else and Lopez will have to move out according to Gossip Extra. Don't worry about J.Lo's bank account though. Lopez was only leasing the place, so the foreclosure isn't related to her personal finances.
Back in 2009 Lopez and her then-hubby Marc Anthony started leasing a condo in the Icon Brickell. Jose Lambiet confirms our then-suspicion that the deal was designed to raise cheap publicity for the Icon. The couple got a good deal on a lease, and news of their residence in the struggling glass tower made its way around the gossip press. However, Lopez never bothered to buy her condo.
In 2010, HSBC Bank seized ownership of 1,276 condos in the tower from developer Jorge Perez and Miami Dolphins owner Stephen Ross' Related Group. Now J.Lo's love nest has been sold by the bank, and she'll likely be forced to pack up and move out. The buyer scooped up the apartment for $1.5 million.
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