HOLLYWOOD, Calif. — Nicolas Cage has bid adieu to New Orleans.
The 45-year-old actor had his two historic homes in the city purchased in a foreclosure auction Thursday, the result of Cage’s current financial problems.
The homes were purchased by Regions Bank, the same financial that foreclosed on the properties in the French Quarter and Garden District, The Times-Picayune reports.
Cage’s 10,300-square-foot property at 1140 Royal Street was snapped up for $2.3 million, while his 13,200-square-foot mansion at 2523 Prytania Street went for $2.2 million, the paper said.
In July, the U.S. government placed a tax lien on Cage’s vast real estate holdings because of $6 million in unpaid back taxes dating from 2007, the same year he starred in the blockbuster films Ghost Rider and National Treasure: Book of Secrets.
Last month, the Oscar-winning star filed a $20 million lawsuit against his former business manager, Samuel J. Levin, claiming the man’s advice led him into financial ruin.
With a hint of irony, Cage next stars in Bad Lieutenant: Port of Call New Orleans.
