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SPRINGHILL LAKE INVESTORS 2025

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The document is a court opinion from the Maryland Court of Special Appeals regarding a dispute between Springhill Lake Investors Limited Partnership and Prince George's County over the refund of transfer taxes paid on an indemnity deed of trust recorded during a refinancing transaction. The central issue is whether the indemnity deed of trust qualifies for a refinancing exemption under the county code. The court ultimately concludes that the transaction constitutes a refinancing, thus entitling the appellant to a refund of the transfer taxes.

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Does LeBron James own a media company?

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Who are the investors in Springhill company?

James involvement helped the company raise $15M from Warner Bros. in 2015. In 2020, the pair raised $100M from investors including Guggenheim Partners and Elisabeth Murdoch. A year later, they added RedBird, Nike and the owners of the Red Sox to their investor group in a deal valuing the business at $725M.

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Prior to the SpringHill sale, Forbes estimated James net worth to be roughly $850 million, valuing his stakewhich is believed not to exceed 50%at roughly $300 million.

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The company has raised significant funding, including $100 million from investors like Guggenheim Partners and Nike in 2020, valuing SpringHill at $725 million.