Billionaire futurist Elon Musk has taken out $61 million in mortgages on five California mansions. Morgan Stanley provided the debt on the properties, which amount to $180,000 in monthly payments for Musk, according to Bloomberg. The Tesla, Boring Company, and SpaceX founder took out loans on four of his homes in Bel Air, and one in the San Francisco Bay area city of Hillsborough, Bloomberg reported. All of the loans represent new debt except one. […]
source https://therealdeal.com/la/2019/02/22/elon-musk-turns-to-morgan-stanley-to-finance-5-california-mansions/#new_tab
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