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Refinancing on Paddington terrace reveals staggering cost of Socialite Hollie Nassers divorce

Socialite Hollie Nasser’s marital separation from her investor husband Christopher Nasser has been costly.

The details emerged in paperwork surrounding their jointly held Paddington terrace. It is now in her name only, but her remortgaging didn’t come cheap.

She’s recently registered a mortgage from Prolend Solutions, which is a subsidiary of ALTX. The 12-month loan secured $1,757,863 with its interest rate at 9.99 per cent per annum.

Prolend retained $43,903 being non-refundable interest which was deducted from the principal to pay towards interest owed by Nasser under the lending agreement.

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The couple had bought the three-bedroom terrace for $2.2m with NAB finance in 2018.

Hollie Nasser has partnered with Citi banking executive James Hodgman since mid-last year.

Hodgman has been going through an estrangement with his wife, Nicole, whose financiers, JustFund, have taken a caveat over their Bellevue Hill home.

Christopher Nasser had been a founding investor in stockpicker Charlie Aitken’s investment business Aitken Investment Management (AIM) until Nasser resigned as a director and as an investor in late 2021.

Charlie and Ellie Aitken, the other couple in the sorry separation saga that has been played out in public, didn’t own any property, having sold in Darling Point for $10.3m in 2016 with part of the proceeds put into his then $75m fund.

AIM was sold in July last year to a management buyout before Charlie started working back at Bell Potter.

There’s whispers Ellie, who was working last year at equity investment manager Pallas Capital, is now happily ensconced in the Bahamas.

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Originally published as Refinancing on Paddington terrace reveals staggering cost of Socialite Hollie Nasser’s divorce

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Artie Phelan

Update: 2024-06-11