Reports of the Late Great Prince’s estate, Paisley Park, up for sale has been all over the internet, but according to CBS Minnesota , the reports are false!
On Saturday, Bremer released the following statement:
“Contrary to some recent media reports, Bremer Trust, the special administrator for the Prince Rogers Nelson estate, has no plans to sell either Paisley Park or the property referred to as the ‘Purple Rain’ house. There is no additional formation to share on this topic.”
The statement did not mention any properties outside of those two.
Prince was found dead in an elevator in Paisley Park on April 21. According to Billboard, Prince told close friends he wanted to turn his Paisley Park home and studio complex into a museum. Now, the trust company overseeing his estate — likely with the backing of Prince’s siblings — is exploring the idea to open it up as a tourist attraction that some have compared with Elvis Presley’s Graceland.
Bremer Trust, the special administrator of Prince’s estate, received permission from a Carver County judge to hire entertainment industry experts to help determine how best to make money off Prince’s intellectual property.