Kardashian family realtor embroiled in bankruptcy fiasco

The Kardashians’ go-to realtor has been accused of lying about his income after he filed for bankruptcy in the same year he boasted $100 million in real estate sales.

Tomer Fridman, 41, is embroiled in a months-long bankruptcy case in which he used one of his homes as collateral, legal documents seen by DailyMail.com reveal.

He has helped the Kardashian-Jenners land real estate deals since 2013, and even teamed up with Scott Disick for a house-flipping show last year, which has yet to air.

The real-estate agent was even recently hired to sell the home that was regularly featured as the exterior of Kris Jenner’s property in Keeping Up With The Kardashians.

But behind the scenes, the Compass realtor is fighting over his own homes in the upscale town of Calabasas, California, as creditors accuse him of not being truthful about his own income and expenses. 

Behind the scenes, the Compass realtor (pictured with Khloe Kardashian) has apparently suffered money problems and filed for bankruptcy

Tomer Fridman, 41, has helped the Kardashian-Jenners land real estate deals since 2013. But behind the scenes, the Compass realtor ha filed for bankruptcy. He’s pictured above left with Kris Jenner, and right with Khloe Kardashian 

Fridman, pictured above with Kim Kardashian, filed for bankruptcy in June 2016 in California, and the case is still ongoing

Fridman did not respond to DailyMail.com’s request for comment about his financialsituation. 

The revelations about his bankruptcy come as Fridman was hired to sell a 7,800 square-foot Studio City mansion that was used for exterior shots of Jenner’s home on Keeping Up With The Kardashians.

While no Kardashian or Jenner ever lived in the home, it’s become a staple in the neighborhood because of its appearances on TV, according to The Blast.

The seven bedroom, nine bathroom Mediterranean-inspired property, named the Iredell Estate, features a movie theater, wine cellar and tasting room as well as stone fireplaces.

It’s currently on the market for $7,895,000 with Compass Real Estate agents Fridman, Dana Olmes and Jeff Biebuyck.

Fridman first filed for bankruptcy in June 2016 in California, and has since argued that if he doesn’t get funds, he will lose his high-profile clients. 

Throughout legal documents, Fridman’s lawyers list three Calabasas, California, properties, including homes on Prado De Las Peras, Prado Del Maiz, and Calle Jazmin.

Months after filing his initial bankruptcy documents, he requested to stay at his property on Prado Del Maiz, which he shared ownership with his mother, Isidora Fridman, who is also his business partner. 

He listed two properties in the case as ‘single family homes which were underwater and were not producing income.’

News of his bankruptcy comes after Fridmas was hired to sell a 7,800 square-foot Studio City mansion that was used for exterior shots of Jenner's home on Keeping Up With The Kardashians

News of his bankruptcy comes after Fridmas was hired to sell a 7,800 square-foot Studio City mansion that was used for exterior shots of Jenner’s home on Keeping Up With The Kardashians

While no Kardashian or Jenner ever lived in the home, it’s become a staple in the neighborhood because of its appearances on TV

While no Kardashian or Jenner ever lived in the home, it’s become a staple in the neighborhood because of its appearances on TV

The home is currently on the market for $7,895,000 with Compass Real Estate agents Fridman, Dana Olmes and Jeff Biebuyck

The home is currently on the market for $7,895,000 with Compass Real Estate agents Fridman, Dana Olmes and Jeff Biebuyck

Later in the case, Fridman used his Prado De Las Peras property as collateral in the documents in hopes of saving him from bankruptcy.

Kourtney Kardashian and Scott Disick had a home on Prado De Las Peras, just down the street from Fridman, before listing it in 2014. 

Despite filing for bankruptcy, Fridman featured expensive cars in his assets and saw thousands of dollars deposited into bank accounts in 2017. 

Fridman listed three cars – a 2013 Land Rover, a 2013 Maserati Quattro and a 2014 G440 Mercedez – worth a total $164,128, in legal documents.

In a section asking about interest in personal items, he listed $10,000 worth of household goods and furnishings and $500 in clothes, but claimed to have no electronics, sports equipment, jewelry, or collectibles.

In cash, he claimed to have only $100, as well as $300 in a Wells Fargo bank account.

Fridman listed no retirement or pension accounts, trusts, or family support in the documents.

He did say, however, he was owed $133,267 from a claim for damages to a rental property.

Trojan Capital Investment, a trust deed holder on one of his properties, asked that Fridman’s bankruptcy case be thrown out by the courts in September 2017 due to his ‘bad faith which warrants the dismissal.’

Creditors have accused Fridman, pictured above with his mother and business partner, Isidora Fridman, of not being truthful about his own income and expenses

It was reported last year that Fridman was starring in a house flipping show alongside Scott Disick (left) in a series produced by Kris Jenner

The company claimed that Fridman was ‘a victim of fraud in his corporate account on several occasions’, paid for tuition for his live-in girlfriend’s daughter’s school, and improperly paid his father with a loan from Trojan. 

Fridman countered the claims saying the tuition payments were pre-bankruptcy filing, he didn’t know he was committing fraud, and called his payments to his father ‘ordinary course of business in connection with a loan my father made to me’.

‘Trojan’s Motion makes numerous allegations without citing any case law that would support its position even assuming its allegations were accurate and would support the dismissal of this Chapter 11 case,’ Fridman’s lawyers wrote in legal documents.

The documents added: ‘Virtually every debtor in a bankruptcy case is a Debtor in bankruptcy because such a debtor mismanaged his/her finances. Without such mismanagement, debtors would not need to file for bankruptcy.’

Further legal documents, however, claimed that Fridman owed more than $40,000 in property taxes and $415,000 in ‘mortgage delinquencies’ on his Prado Del Maiz property between 2015 and 2017.

At the same time, documents show Fridman saw a $28,842 deposit into his Wells Fargo bank account in June 2017. Funds in the same account had depleted to just $6,000 by the end of the month, legal documents said. 

It is unclear what the funds were used for, according to documents.

Trojan Capital Investment, a trust deed holder on one of Fridman's properties, questioned his outgoing costs during the bankruptcy, but Fridman claimed that his filings were genuine. He's pictured above with Kourtney Kardashai

Fridman is pictured above with Khloe Kardashian

Trojan Capital Investment, a trust deed holder on one of Fridman’s properties, questioned his outgoing costs during the bankruptcy, but Fridman claimed that his filings were genuine. He’s pictured above with Kourtney Kardashain (left) and Khloe Kardashian (right) 

Documents claimed that claimed that Fridman (pictured with Kendall Jenner) owed more than $40,000 in property taxes and $415,000 in ‘mortgage delinquencies’ on his Prado Del Maiz property in Calabasas, California, between 2015 and 2017

In court filings from June 2017, creditors again questioned Fridman’s bankruptcy report.

‘Your client still has control over the business funds, and that entity has zero assets apparently, so where does the cash go??,’ lawyers asked in an email shown in legal documents.

The email continued: ‘Bottom line, this entire filing is bogus, and nothing is disclosed as far as how in god’s name he pays for all those personal items he listed like the cars, properties, etc.

‘Yes, his business is a separate entity. However, when you have controlling interest, it is hard to separate the two from one another.’

Another email took a swipe at Fridman’s relationship with the Kardashian family.

‘I had fun looking Tomer Fridman up on Instagram and all the photo’s (sic) of the Kardashians and other celebrity event’s (sic) he was at,’ one email said, according to legal documents.

It continued: ‘Hard to convince a judge he’s broke when he’s attending celebrity parties and pumping out articles saying he did $100M in real estate sales in 2016.’

In December 2017, Fridman surrendered one of his properties – the one on Prado de Las Peras – as collateral to a secured credit for a ‘lease of Debtor’s car’.

But Fridman claimed that if the property is liquidated as creditors asked, there would be ‘no remaining funds to pay’ the creditors. 

In court filings from June 2017, creditors again questioned Fridman's bankruptcy report. Fridman is pictured above with Kris Jenner

Months later in December, Fridman surrendered one of his properties as collateral to creditors. Fridman is pictured above with Caitlyn Jenner

In court filings from June 2017, creditors again questioned Fridman’s bankruptcy report. Months later in December, Fridman surrendered one of his properties as collateral to creditors. Fridman is pictured above left with Kris Jenner, and right with Caitlyn Jenner

He asked instead to retain the home with a ‘plan to modify the mortgage’ with Chase bank and generate income through using his Prado del Maiz property as a rental.

Fridman said he spends more than $15,000 a month on marketing, and is worried his funds will deplete if the bankruptcy doesn’t go through. 

‘I am in the best position to determine whether an increased marketing budget will grow my business, rather than U.S. Bank,’ he said. 

He warned, however, that he would not reveal the names of his high-profile clients across southern California.  

‘My ability to secure lucrative listings is based on my capacity to be discreet with high profile clients,’ Fridman said in legal documents. 

He added: ‘The Objection makes it appear U.S. Bank expected me to disclose pending agreements with private clients to determine financial projections.

‘Should the Court require, I can provide more information about my marketing plan and pending listings in camera.

‘However, my business would suffer if I were to disclose my client list and pending listings.’ 

Fridman’s mother has offered to contribute $23,000 toward his bankruptcy plan.

In August, Fridman helped Kylie Jenner sell a home in Hidden Hills, California, for around the asking price of $5.4million

The bankruptcy case, which started more than a year-and-a-half ago, is still ongoing. 

Fridman has helped the Kardashian-Jenners land real estate deals since 2013, including a number of Kylie Jenner’s homes, as well as Kim Kardashian and Kanye West’s Hidden Hills home, near Calabasas, California.

Along with the Kardashians, he has a number of other high-profile clients, including Britney Spears, Jennifer Lopez, and Sharon and Ozzy Osbourne

In May 2017, TMZ reported that Kris Jenner was producing a show about flipping houses, featuring Fridman and Scott Disick.

The concept of the show featured Fridman showing Disick homes, which a contractor would then flip before the real estate agent would sell for profit.

The show is called ‘Royally Flipped’ – a take on ‘Royally F*****’. 

It is unclear when or if the show will air.

In August, Fridman helped Kylie Jenner sell a home in Hidden Hills, California, for around the asking price of $5.4million. 

She had bought the four-bedroom, four-bathroom property for $4.5million.   

Kylie sold two houses back in August, bringing her property count down from four homes to two.  

TOMER FRIDMAN’S REAL ESTATE EMPIRE 

Tomer Fridman has been the Kardashian clan’s go-to realtor since 2013 and has flipped houses for other celebrity clients such as Justin Bieber, Jennifer Lopez, and Katie Holmes. The real estate mogul boasted breaking the $100 million mark in sales in 2016  

2012 

Fridman helped broker the deal for Justin Bieber’s $6.5 Million six-bedroom 9,214 square-foot-home in Calabasas

2013

The realtor helped Sharon and Ozzy Osbourne sell their $xx million Hidden Hills home to Jessica Simpson 

2014 

Fridman helped Justin Bieber sell his Calabasas mansion to Khloe Kardashian for $7.2 million 

Fridman was behind Kanye West and Kim Kardashian’s $21.25 million purchase of their Hidden Hills home 

He also helped Kourtney Kardashian unload her Calabasas house for $2.975 million, after she had bought it for $1.7 million 

Kourtney then bought NFL player Keyshawn Jackson’s six-bedroom, nine-bedroom home in Calabasas for $8.49 million 

He represented Scott Disick when the reality star bought a $3.69 million home in Beverly Crest  – Disick sold the home months later for $4.65 million

Katie Holmes bought a $3.795 million mansion in Calabasas with the help of Fridman

2015 

Fridman helped Bruce Jenner buy his four-bedroom, four-bathroom $3.575 million home in Malibu 

He also put Bret Michaels’s Mediterranean-inspired Calabasas house on the market for $3.649 million 

Scott Disick’s $5.96 million home in Hidden Hills – Disick put the house on the market six months later for $8.8 million  

Fridman served as Jennifer Lopez’s realtor when she put her Hidden Hills mansion up for sale for $14.5 million  

2016

Fridman helped Kylie Jenner secure her second home in Hidden Hills for $6 million

He put Kylie’s $2.6 million starter home is put on the market for $3.9 million -which later sold for $3.19 million in 2017)

Kylie Jenner buys $4.5 million home next to her first Hidden Hills mansion

Kylie Jenner buys a third home for $12 million in Hidden Hills

Fridman brokered the deal in which Rob Kardashian bought a four-bedroom $2.285 million home in Calabasas 

2017 

Kylie Jenner sells her $4.5 million Hidden Hills mansion for $5.275 million 

Rob Kardashian sells his Calabasas starter home for $2.44 million 

Scott Disick lists his Hidden Hills home for rent at $60,000 a month  

 



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