Apparently, Marxists even want to live in posh LA neighborhoods. As protests broke out across the U.S in the name of the Black Lives Matter movement, the group’s co-founder Patrisse Cullors went on a real estate shopping spree, purchasing about 4 or 5 properties worth well over $3 million. Most recently, she dropped $1.4 million on a mini-compound in LA’s Topanga Canyon area just a short drive from Malibu, and no doubt after this spending Patrisse is under fire. Today we’re going to take a look at her controversial real estate portfolio.
Apparently Marxists even want to live in posh LA neighborhoods.
As protests broke out across the US in the name of Black Lives Matter movement, the group's
co-founder Patrice Coolers went on a real estate shopping spree, purchasing about 4
or 5 properties worth well over 3 million dollars.
Most recently, she dropped 1.4 million dollars on a mini compound in LA's Topanga Canyon
area just a short drive from Malibu, and no doubt after this spending, Patrice is under
fire.
Today we're going to take a look at her controversial real estate portfolio.
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Patrice Coolers is an artist, activist and co-founder of the Black Lives Matter movement
also creating the hashtag in 2013.
The BLM global network amassed 90 million dollars or more in donations last year, but
it's unclear what money or salary Patrice is paid exactly.
While Black Lives Matter released a statement saying that Ms. Coolers serves as an executive
director in a volunteer capacity and does not receive a salary or benefits, most just
aren't buying it.
They also went on to state, Patrice has received a total of $120,000 since the organization's
inception in 2013 for duties such as serving as spokesperson and engaging in political
education work.
Patrice did not receive any compensation after 2019.
Whether this is true or not, Patrice has also inked a multi-year production deal last year
with Warner Brothers and has a second book set to be released in fall.
When news broke out about her real estate spending, some fellow activists were taken
aback, including Hank Newsom, the head of BLM in New York City, calling for an independent
investigation to see how the global network spends its money.
Patrice's recent purchases in Topanga Canyon sparked further criticism too.
The 2,370 square foot property has soaring ceilings and canyon views, and two structures
and a quarter acre of land.
But the location is what really has people talking.
The BLM movement has openly opposed capitalism and advocated for black communities, however
statistics show Topanga's residents are only 1.9% black and 88% white.
Journalist Katie Grimes asked, was it ever really about improving black lives or just
her own on the backs of BLM?
And many are asking where the 1.4 million dollars came from.
What Coolers really proves is that most people want to live somewhere nice, even Marxists.
They don't want to live in inner city slums.
But these are just opinions of those online, and so it's an ongoing thing.
I guess only time will tell how Patrice amassed all that money for million dollar properties,
but until then, we're gonna check them out.
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Today we're diving into the real estate shopping spree of Black Lives Matter co-founder Patrice
Coolers and checking out the new properties she bought in Topanga, as well as her 4 other
houses from Georgia to the Bahamas.
As always, don't forget to follow me on Instagram to chat, and now let's get into this video.
In recent news, a secluded mini compound in Topanga Canyon was sold for 1.4 million dollars
to none other than Patrice Can Coolers.
Located 15 minutes from the commons of Calabasas and just a little further from Malibu, the
modestly sized compound sits on about a quarter of an acre of land with two structures.
Topanga Canyon is a rustic and somewhat private neighbourhood, and Patrice's new home spans
about 2,400 square feet.
There's a separate one bed, one bath apartment with private entryway, and living room with
kitchenette attached to the main house, while the smaller structure on the property is a
freestanding cabin which looks ideal for an office space.
In the main house, there are three beds and two baths, and interiors feature bamboo floors
and a spacious open floor plan.
There's a sprawling combined living room, dining area, and kitchen with vaulted ceilings
decked out in pine, as well as a whitewashed brick fireplace as the focal point in the
living room.
Here, there are also a ton of skylights to bring in the sun, and the kitchen is updated
but nothing too impressive.
This great room also leads out to the expansive backyard through glass sliders.
Two guest bedrooms are accompanied by a bathroom in the hallway, and elsewhere, the master
bedroom has a vaulted and wood-clad ceiling, sitting area, and more glass doors to outside.
Out back, there aren't many notable features aside from the freestanding cabin or office.
While there is natural beauty thanks to the trees and mountains surrounding it, the backyard
doesn't offer much except a covered patio for dining and a small deck.
There's a ton of space though, so renovations are very possible.
While this property might not look lavish compared to celebrity standards, some critics
argue that living in a home worth over a million dollars is at odds with Patrice's social
justice mission.
But if this purchase upsets you, wait until you see the rest of her homes.
As I mentioned, Patrice already had a real estate portfolio started, having snagged three
other homes in the US alone for about 3.2 million dollars according to property records.
She started her buying spree in LA back in 2016, a few years after the Black Lives Matter
movement gained worldwide traction thanks to the hashtags she created.
That year, Patrice bought a home in Inglewood, California for $510,000, with three beds and
1.5 baths, which would now be worth around $800K.
She also added her wife, co-founder of BLM in Canada, Janiyah Khan, to the deed last
year.
Then in 2018, Patrice and her wife bought a 4 bedroom home in South Los Angeles, in
a multi-ethnic neighborhood, paying about $600K.
This house spans only about 1,725 square feet, but the worth of the property has since climbed
and the interiors look fresh and updated with dark hardwoods and white furnishings.
Next, the couple set their sights on Georgia, acquiring yet another estate in early 2020
for over $415K after Patrice's best-selling memoir was published.
The custom ranch sits on 3.2 acres of rural land in Conyers, Georgia, a suburb about 24
miles from downtown Atlanta.
The property boasts a private airplane hangar with studio apartment just above it, and a
2,500 foot paved grass community runway for small airplanes.
The home offers 3 beds and 3 baths, as well as features like an indoor swimming pool and
separate RV shop where you can fix mobile homes, small planes, and more.
Patrice also allegedly was eyeing a property in the Bahamas, located in a super exclusive
resort where the likes of Justin Timberlake and Tiger Woods have owned retreats.
Luxury townhomes and apartments at this beachfront Albany resort just outside Nassau are priced
from $5 million and up, according to an agent.
The elite resort is spread out on 600 oceanside acres, and boasts amenities like a private
marina, designer golf course, and more.
It's essentially only a place for the super successful and wealthy to buy property.
While it's unclear if Patrice ended up buying a property at this exclusive island retreat,
her interest in the purchase alone just shows how far she's come from the Van Nuys neighborhood
in LA where she grew up with her two brothers and younger sister.
In her memoir, she describes growing up in a housing project near Sherman Oaks in a two
story tan colored building with peeling paint and a gate that doesn't close.
The four children were mostly raised by Patrice's single mother who worked 16 hour days to support
them.
Alright, so I think I'm going to wrap up this house tour here.
With all the controversy circling around Patrice Cooler's multiple real estate purchases,
you've now got a glimpse at the properties for yourself.
The Black Lives Matter movement co-founder is being labeled a bit of a hypocrite after
her latest 1.4 million dollar home purchase in the fancy Topanga Canyon neighborhood of
LA, and we've come to learn that she's no stranger to the real estate rodeo either.
I mean the Black Lives Matter donations amassed at least 90 million dollars in 2020 alone.
That's a lot of dough, so I can understand why people are wondering what's happening
with it.
While Patrice does have a reported deal with Warner coming up in the near future, as well
as a best selling book and another in the works, you still might question how she bought
up to 4 or possibly even 5 properties.
Patrice's salary and net worth is largely unknown since BLM tends to keep this type
of information under wraps.
All we can do is wonder and see if any more news surfaces about Patrice's spending habits.
But what did you guys think about this video?
Do you think it's weird that she went on a real estate shopping spree or not?
Let me know in the comments.
Also tell me what you think about Patrice's properties like the Georgia Ranch and the
Topanga Canyon home she just bought.
Do you like them?
Which was your fave?
I think I like the Topanga Canyon spot and the indoor pool at her Georgia home even if
it's on the small side.
Her Topanga house has a HUGE backyard perfect for a pool to be installed, but if she does
that she might just be under even more fire than she already is.
Anyways, tell me your thoughts down in the comments.
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