Nicolas Cage’s homes in the French Quarter and Garden District are listed for sale at auction Nov. 12 as a local lender foreclosed on the properties for unpaid mortgage debts, according to the Orleans Parish Civil Sheriff’s office.
In July, the Internal Revenue Service placed liens on Cage’s New Orleans properties for $6.6 million in unpaid taxes. The Academy Award-winning actor and nephew of director Francis Ford Coppola is trying to sell homes around the world to raise money at a time when the values of real estate and stock portfolios have fallen.
— full story at NOLA.com