Homeowners aren’t the only ones not seeing any return on their investments these days, Jay-Z is also feeling the bug. And there’s more. MediaTakeOut.com spoke with one highly influential entertainment insider who questioned whether Jay Z’s financial situation is as strong as is being reported on many of the FORBES lists.

Back in 2007, Jay-Z invested in a real estate development venture called J Hotels which acquired a $66 million mid-block parcel in New York and set out to build a high-end hotel. But the project has stalled and the future of the project is bleak.

According to MediaTakeOut.com, one of Jay-Z’s partners, Charles Blaichman, recently revealed to The New York Times that they have been seeking up to $370 million from various banks to begin construction but have had no luck. He said, A year ago it would have seemed a reasonable amount. Not now … Even the banks who want to give us money can’t.”

Could this be true? Even if it is, Beyonce’s money can always take up the slack in Jay’s pockets. LOL

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