The Obamas just shelled out $8.1 million for the DC mansion they’ve been renting since leaving the White House
|05/31/2017||Posted by BusinessMediaguide.Com under General World News||
The Obamas have purchased the 8,200-square-foot home they’ve been living in since moving out of the White House, the Washington Post is reporting.
According to property records, the Obamas purchased the home for $8.1 million. It was previously listed for sale at $5.3 million in 2016 by Joe Lockhart, Bill Clinton’s former press secretary, but it did not sell. It was then rented to the Obamas this January.
“Given that President and Mrs. Obama will be in Washington for at least another two and a half years, it made sense for them to buy a home rather than continuing to read more >>>