NFL V.P. of communications Joe Lockhart has sold his Washington, D.C. mansion to Barack and Michelle Obama.
The Washington Post reports that Lockhart sold the home for $8.1 million to Homefront Holdings LLC, which is controlled by the Obamas. The deed transfer was recorded on Wednesday. Lockhart gets a nearly $3 million profit after buying the home for $5.295 million three years ago.
Lockhart had originally agreed to rent the home to the Obamas but after they lived there for a few months they decided to buy it.
Lockhart was previously the press secretary and senior adviser to Bill Clinton