Tamar Braxton is taking her talents to real estate!
Recently, the songstress shared that the deal on her first real estate investment project was being finalized. Per Atlanta Black Star, the project includes a plot of land located in Atlanta where Braxton says the land is being developed into a multi-million-dollar gated community.
“My heart is so full today,” said Braxton via Instagram. “The last few years I felt like I was in a tornado with the whole world watching. But today I’m on a new journey and everything is under construction (new music, new book, new candles, new TV projects, & real estate.) I have so much to be thankful for.”
And “thankful” is the correct term as that the “Love and War” singer now has a $10 million investment under her wing.
“Today I closed on my first real estate investment project in Atlanta. It’s a 10 million dollar subdivision project and I’m super excited about it,” she wrote in her Instagram post, which displayed an aerial shot of an already-developed subdivision. “It’s a small upscale private gated community that will have a nature walking trail, fishing pond, basketball court, pool, etc. The homes will start in the low one million and are located 15 mins from Buckhead.”
Braxton says that this won’t be her first rodeo in real estate as she also revealed plans to build affordable housing in her hometown of Baltimore, MD.
“I just want to thank Richie Rich @boonem my manager for including me in this deal and helping me get my start in real estate,” she added. “Even though this is my first project I will be working on more real estate deals,” she continued in the caption. “One will include affordable housing in my hometown of Baltimore, Maryland. #comingsoon.”
Shoutout to Tamar Braxton on her latest business venture!
