Spyro Malaspinas never ever considered leasing his Arizona estate till he got a deal he could not decline.
The 48- year-old cybersecurity professional purchased the 6,400- square-foot, five-bedroom house in the wealthy town of Paradise Valley for $7.3 million in 2022, he informs the Wall StreetJournal The house rests on about an acre of land in Paradise Valley, which lies in between Phoenix and Scottsdale.
A residential or commercial property management company Malaspinas currently dealt with approached him with a deal of $500,000 to lease his house for a week throughout Super Bowl LVII inFebruary What he didn’t understand at the time is that the individual wanting to rent his home was Rihanna, the Grammy- winning super star and 2023’s halftime program headliner.
“The last thing I am is a real estate baron,” Malaspinas informed The Wall StreetJournal “My pride’s not that big. I don’t mind moving out for $500,000 a week.”
The home is preferably situated about a 30- minute drive away from the State Farm Stadium in Glendale, Ariz., where Rihanna offered her history-making efficiency. The Grammy- acclaimed vocalist utilized the Super Bowl to reveal she is presently pregnant with her 2nd kid with her partner A$ AP Rocky.
The 2023 Super Bowl was the 3rd most-watched tv program in history, with an approximated 113 million individuals, according to CNBC.
Malaspinas didn’t learn till after he accepted rent his house that his week-long renter would be Rihanna.
“My [13-year-old] child was definitely delighted,” he stated.
Malaspinas informed the Wall Street Journal that the rental earnings from that week alone would cover his home mortgage payments for 2 years.
Since Rihanna’s stay, Malaspinas stated he has yet to return into the house. He has actually considering that been used “crazy amounts of money” to offer the residential or commercial property.
Representatives for Rihanna and Malaspinas did not right away react to CNBC Make It’s ask for remark.
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