Diane’s Country Music Newsletter — 29 May 2024
Wednesday, May 29th, 2024NEWS
On Monday, May 20, the New York Times reported that Elvis Presley’s Graceland mansion (built in 1939) in Memphis, Tennessee, was scheduled to be auctioned off at the Shelby County courthouse on Thursday. A notice from the Shelby County Courthouse stated that Graceland and its surrounding property would be sold for cash to the highest bidder. Naussany Investments & Private Lending LLC was foreclosing on the property, saying Lisa Marie Presley used Graceland as collateral to secure a $3.8 million loan in 2018, and she failed to pay it off before she died. (more…)