In April 2017, real estate developer Heritage Select Homes (HSH) sued Atlanta-based rapper Young Thug, whose real name is Jeffery Lamar Williams, for failing to pay the $2.2 million owed on his $2,475,000 mansion located in the city’s luxurious Buckhead neighborhood.

According to the Atlanta Journal Constitution, Williams signed a “balloon promissory note” on the home, which means he’d have a series of large payments toward the end of the repayment period.

Young Thug’s Buckhead Mansion at 3511 Roxboro Rd NE,
Atlanta, GA 30326 (Photo: Zillow)

The lawsuit filed in the state court of Fulton County shows that Williams agreed to make six payments from October 2016 to March 2017, with a portion of each payment going toward the interest and the principal on the note. For example, Williams’s first payment in October 2016 was $86,500 — $16,500 went toward the interest and $70,000 went toward the principal.

According to HSH, Williams’ made all the scheduled payments, except for the last and largest one due in March 2017 which amounted to $2,214,667, $2,200,000 of which was for the principal of the home.

As first reported Sunday by The Blast, Williams fired back with a counterclaim of his own, which documents show was filed in June, alleging that HSH sold him the $2.4 million mansion knowing that there were a number of structural issues, and that the HSH conspired with his real estate agent to hire an inspector that would lie about the damage. According to the Fulton State and Magistrate Court, the case is ongoing.

Williams claims the 11,000-square-foot home came with a faulty foundation, a leaky roof, moisture damage and mold in the basement underneath the indoor pool among other “substantial defects.”

The full list of complaints, courtesy of Georgia MLS.

Williams’s lawyers contend that HSH’s and Williams’s former real estate agent’s alleged actions should null the promissory note since Williams originally signed it thinking he was getting a perfectly functioning home.

Email Marian McPherson.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×