EXCLUSIVEKanye West’s wife Bianca Censori flashes her B3HIND in a daring mini dress as she shops for home decor in LA

Kanye West’s wife Bianca Censori was spotted shopping for home decor at Williams Sonoma in Los Angeles on Tuesday in a very revealing outfit.

The 29-year-old architect flashed her b3hind in a sleek white mini dress, which she paired with white sheer lace tights.

The Australian beauty — famous for her boundary-pushing outfits — went br@less under the sizzling ensemble.

She completed the head-turning look with a pair of chic pointed-toe heels. Her shoulder length black tresses were halfway pinned back with a hair clip.

Bianca was seen browsing home decor items after she and the rapper, 47, bought a $35 million Beverly Hills mansion.

Kanye West's wife Bianca Censori, 29, was spotted shopping for home decor at Williams Sonoma in Los Angeles on Tuesday in a very revealing outfit
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She turned heads in the racy look
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Kanye West’s wife Bianca Censori, 29, was spotted shopping for home decor at Williams Sonoma in Los Angeles on Tuesday in a very revealing outfit

The architect flashed her behind in a sleek white mini dress, which she paired with white sheer lace tights
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The architect flashed her b3hind in a sleek white mini dress, which she paired with white sheer lace tights

Numerous shopping bags were pictured being wheeled back to her car after a successful shopping trip.

Among the items on the cart was a stainless steel dish rack.

Kanye raided his pension pot and used high risk mortgage lenders to fund the purchase of the estate – a property he does not intend to live in with wife Bianca, DailyMail.com can exclusively reveal.

Kim Kardashian’s ex and his current wife borrowed a total of $15.5 million, DailyMail.com can reveal – including a $2.7 million loan from a fitness entrepreneur.

The couple closed on the home with 11 bedrooms and 18 bathrooms in the uber-exclusive Beverly Park gated community last month. Neighbors include Adele and Justin Bieber.

But the property, jointly owned with his wife Bianca through their firm Shore Drive Holdings LLC, was purchased purely for investment purposes and will likely be rented out.

Kanye had to use various lenders to finance the purchase, including a private money lender whose motto is ‘when the banks say no, private money is the only way to go’.

The deal also involved a firm that offers risky mortgages to people who wouldn’t qualify for one based on their credit history and score.

The largest loan amount was $12.5 million with Lone Oak Fund, and its investment arm Lone Oak Industries.

Lone Oak offers bridging loans for investment properties – a loan that provides immediate cash flow by using short-term financing until a person or company secures permanent funds.

She was pictured adjusting the mini dress
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She was pictured adjusting the mini dress

Bianca was seen browsing home decor items after she and the rapper, 47, bought a $35 million Beverly Hills mansion
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She carefully navigated the street in her heels
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Bianca was seen browsing home decor items after she and the rapper, 47, bought a $35 million Beverly Hills mansion

The Australian beauty — famous for her boundary-pushing outfits — went braless under the sizzling ensemble
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The Australian beauty — famous for her boundary-pushing outfits — went br@less under the sizzling ensemble

At one point she was seen adjusting her skintight dress
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At one point she was seen adjusting her skintight dress
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At one point she was seen adjusting her skintight dress

The dress appeared to keep riding up
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The dress appeared to keep riding up

She arrived in a silver Tesla Cybertruck
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Her outfit highlighted her pert derrière
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She arrived in a silver Tesla Cybertruck

Bianca kept tugging at the front of her dress
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Bianca kept tugging at the front of her dress

The star might have been buying decor for her and Kanye's new mansion, though they will reportedly not live there, and instead rent it out
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Bianca held a cellphone in her hand
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The star might have been buying decor for her and Kanye’s new mansion, though they will reportedly not live there, and instead rent it out

Her shoulder length black tresses were halfway pinned back with a hair clip
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Her shoulder length black tresses were halfway pinned back with a hair clip

Bianca rocked smokey makeup for the day
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She accessorized with silver earrings
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Bianca rocked smokey makeup for the day

She completed the head-turning look with a pair of chic pointed-toe heels
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She completed the head-turning look with a pair of chic pointed-toe heels

Bianca was pictured adjusting her dress once more
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Bianca was pictured adjusting her dress once more

She looked focused while perusing the aisles
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She looked focused while perusing the aisles

Kanye's lady love appeared to pick out a number of items
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Kanye’s lady love appeared to pick out a number of items

The cream dress showed off her toned arms
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The cream dress showed off her toned arms

Kanye signed an ‘assignment of rents and leases’ trust deed – which means that if he defaults on the mortgage, the lender can take profits from any future rent.

He’s also taken a further $3 million mortgage from two sources – RGGL LLC and pension firm Provident Trust Group.

RGGL is owned by Richard and Lucy Glassman, fitness entrepreneurs who live in Albuquerque, New Mexico. They handed over $2,693,000 using their broker Private Money Solutions [PMS].

PMS is a ‘hard money lender’ meaning they have individuals willing to invest huge sums in a hurry as short-term loans secured by real property.

The Glassmans have no connection to Kanye personally, but Richard told DailyMail.com why he got involved in the deal where Kanye still had to front $19.5 million of his cash to fund the purchase – totaling 55 percent of the asking price.

‘When you have a total of 40 percent loan to value, it’s a good investment. This is the great creativity of the broker, it’s not the creativity of Kanye West, they do all the due diligence, I’m just the little guy,’ Richard explained.

‘To be totally honest, sometimes when investors look at celebrities, they don’t want to do it. Well, it definitely is, because if they don’t pay, we get a $35 million property.

‘But we would prefer they just pay, we don’t want to hurt nobody, we’re just investors. We want to get a return on our money.

The couple have bought numerous properties in California and New Mexico. Richard owned eight gyms in New Mexico as part of Planet Fitness’ franchise group before selling them off, according to public records.

In June Bianca shocked onlookers as she fully exposed her breasts in a completely see-through netted top on her way to the Melrose Tanning Company salon
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Censori is known for her barely-there looks
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In June Bianca shocked onlookers as she fully exposed her breasts in a completely see-through netted top on her way to the Melrose Tanning Company salon

The couple closed on the home with 11 bedrooms and 18 bathrooms in the uber-exclusive Beverly Park gated community last month
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Neighbors include Adele and Justin Bieber
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The couple closed on the home with 11 bedrooms and 18 bathrooms in the uber-exclusive Beverly Park gated community last month. Neighbors include Adele and Justin Bieber

However, they don't intend to live in it, and bought it as an investment
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However, they don’t intend to live in it, and bought it as an investment

Bianca pointed to something on a high up shelf
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Bianca pointed to something on a high up shelf

Kanye did not join her for the shopping outing
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Kanye did not join her for the shopping outing

Numerous shopping bags were pictured being wheeled back to her car after a successful shopping trip
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Numerous shopping bags were pictured being wheeled back to her car after a successful shopping trip

Among the items on the cart was a stainless steel dish rack
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Among the items on the cart was a stainless steel dish rack

Two people were pictured wheeling the packed shopping cart
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Two people were pictured wheeling the packed shopping cart

Bianca smiled as store assistants helped load her purchases
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Bianca smiled as store assistants helped load her purchases

They appeared to have a friendly chat
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They appeared to have a friendly chat

Afterwards, she zoomed off in her Cybertruck
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Afterwards, she zoomed off in her Cybertruck

He’s linked to other fitness firms with his wife Lucy.

The investor surmised that Kanye was able to raise the $19.5 million by using the capital he received when he recently sold his rotting Malibu home in September.

Kanye famously stripped it down to make a ‘bomb shelter’, which was sold for approximately $21 million — 60 percent less than the $57.3 million purchase price in 2021 after his divorce from Kim Kardashian.

Richard said: ‘He just sold a $57 million property for $21 million – what happened was, he took the $21 million to buy this property.’

‘So we financed the difference. He didn’t want to use his cash, it’s not like he lives in this property.

‘I mean, the guy’s got tons of properties, I guess properties to him are like you and I would have a car, or a watch, or a pair of pants.’

Kanye additionally borrowed $307,000 against a ‘cash balance pension plan’ with Provident Trust Group, which a financial expert claimed could be from the rapper’s retirement fund.

The loans from RGGL and Provident Trust were wrapped up in one $3 million mortgage contract and arranged by PMS.

Kanye has borrowed a total of $15.5 million, DailyMail.com can reveal - including a $2.7 million loan from a fitness entrepreneur for the mansion he and wife Bianca own jointly
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Kanye has borrowed a total of $15.5 million, DailyMail.com can reveal – including a $2.7 million loan from a fitness entrepreneur for the mansion he and wife Bianca own jointly

Kanye recently sold his rotting Malibu home in September after he stripped it down to make a 'bomb shelter’
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Kanye recently sold his rotting Malibu home in September after he stripped it down to make a ‘bomb shelter’

The mortgage trustee is California TD Specialists, based in Anaheim Hills, who are experts at finalizing complex real estate deals.

They are also an arm of FCI Services, which on their website claims to be a ‘leading national non-QM and Private Money Servicer’. Non-QM loans are aimed at borrowers who don’t meet the usual criteria to buy a home and don’t qualify for conventional financing.

Kanye signed the $12.5 million and $3 million loan agreements under the official name ‘Ye’ on October 16. This was able to happen while the rapper was in Tokyo due to using a notary under Richard Smith, who is registered in Virginia.

Doug Perry is the strategic financing advisor at Real Estate Bees who provided an analysis of Kanye’s borrowing.

Perry says that while Kanye put in a substantial $19.5M down payment, his home loans are huge and come with risk.

Perry says: ‘There aren’t many lenders that make loans that large, the risk is simply too great. Kanye’s first mortgage is from Lone Oak, a recognized Business Purpose Commercial lender in the California market.

‘They do not lend on owner-occupied properties, and typically make bridge loans for 12 months with rates in the 8.5 to ten percent range, requiring interest-only payments during the loan term.

‘There is most likely a second mortgage because the first mortgage lender did not want to lend the entire loan amount, due to the risk of loaning one person or entity that much money.’

The Malibu house sold for $21 million — 60 percent less than the $57.3 million purchase price after his divorce from Kim Kardashian in 2021
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The Malibu house sold for $21 million — 60 percent less than the $57.3 million purchase price after his divorce from Kim Kardashian in 2021

Perry explained why he believes some of the funds have come from Kanye’s pension, adding: ‘I think it is possible the source of the $3M is Kanye’s retirement account.

‘The company on the document, Provident Trust, is a firm that focuses on self-directed retirement accounts and there is a specific account number on the recorded beneficiary document, so it is likely Kanye borrowed from his own retirement for that part of the loan.’

Kanye also has a six-bedroom mansion in Calabasas which he bought for $2.2 million in May 2018.

His property portfolio includes two rental apartments in Calabasas and Thousand Oaks which cost $1.6 million and $575,000.

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