Tag Archives: Al Hill III
Friday I told you about Al and Erin Hill, that’s Al Three, who recently moved their family to Atlanta. They bought a $9 million dollar estate in swanky Buckhead (think Highland Park on Strait Lane), closed on it in July. Last spring, the couple had some legal problems involving a $200,000 HELOC — home equity — loan on their Highland Park home. A Dallas grand jury made some serious charges: three counts of making a false statement to obtain property or credit and one count of securing execution of a document by deception against the 40-year-old Hunt oil heir. Erin Hill, age 38, was charged with two counts of making a false statement and one of securing execution of a document by deception. The indictments centered on $200,000 (really, a drop in the bucket) from OmniAmerican Bank taken out in 2009 when they claimed to be sole owners of their $1.9 million Highland Park home: majority interest in the Highland Park home is owned by the Albert Hill Trust, the young couple only owns about 20%. There were some charges too about false statements and ”securing execution of a document by deception.” At the time, Al Three did not have legal representation.
I have just learned that Al III and Erin have up and moved the fam to Atlanta. The most expensive home sold in Atlanta year to date, 981 Davis Drive, former home of Walter Reames, is now their family home, um, make that estate. Georgeous digs! At $9 million, it is the largest 2011 sale so far in Atlanta. The previous owners were Amanda and Walter Reames, an investor and partner in Atlanta Capital Management. Erin, a former Miss Georgia, is originally from Calhoun, Georgia.
Al and Erin Hill May Be Moving Out of Highland Park Home, Dismissing Staff – Dallas Real Estate News
Recall the story of Al and Erin Hill? A source now tells me that major changes have been made in the Hill household over there on Bordeaux. Last week, according to sources, employees were told they would be paid until the end of the month, and then their services would no longer be needed. And the Hills reportedly said they would be moving, but they did not say where or when. All employees have been paid in full, graciously thanked, and given letters of recommendation, though rumor has it the nanny brigade was downsized months ago.
This is why it probably pays to subscribe to the Dallas Morning News, who is reporting that Al G. Hill III, descendant of legendary oilman H.L. Hunt, and his wife, Erin Nance Hill, were indicted last week on several felony counts of mortgage fraud.