Von Miller’s former mansion is back in foreclosure, and a judge’s order has dealt a blow to the current owner’s business model.
FirsTier Bank, a Broomfield-based regional lender, initiated the foreclosure process in late June for the home at 17819 E. Easter Ave. in Foxfield, which is now owned by Oluwole Jolaoso.
The filing came one week after Arapahoe County District Judge Benjamin Todd Figa ruled that the property can’t be used as a short-term rental or wedding venue, siding with Foxfield in a lawsuit the town filed.
Miller, a former Denver Broncos linebacker, sold the 19,000-square-foot home to Jolaoso for $3.7 million in December 2022.
Since then, few things have gone right.
When Miller sold the property, he provided seller financing, lending Jolaoso 80% of the purchase price. In September 2023, Miller filed to foreclose, saying Jolaoso had not made a single interest-only payment on the one-year loan.
Jolaoso told BusinessDen at the time that he’d withheld payments because Miller hadn’t delivered the house in the agreed-upon condition — notably, with a busted smart home system. That, in turn, meant Jolaoso couldn’t rent the property for $50,000 a month as planned.
“I said, there is no way I’m going to be paying $24,000 interest-only on a house I cannot use,” he said in September 2023.
Miller ended his foreclosure bid in early February 2024, at the same time that Jolaoso took out a $2.9 million variable-interest loan from FirsTier.
The new loan agreement called for Jolaoso to make regular payments of $24,655 each month and a balloon payment of $2.8 million by January 2027, when the loan was to mature.
FirsTier’s attorney, Eric Jonsen of Michael Best & Friedrich, told BusinessDen that the bank’s foreclosure filing last month was due to missed payments.
Jolaoso didn’t respond to requests for comment. He filed for personal bankruptcy last October, listing $11.3 million in assets and $9.8 million in liabilities. He reported an average monthly income of $62,000 and monthly expenses of $83,000.
In bankruptcy filings, Jolaoso indicated that he owns 10 other Denver-area homes, nearly all of which he rents out, plus a property under construction in Nigeria. He valued most of the local homes at less than $500,000.
In July 2023, Jolaoso leased Miller’s former mansion to Frank Clark, who played for the Broncos for part of that fall. But Jolaoso sued Clark in 2024, saying he’d abandoned the property and stopped paying. The case was later settled.
In August 2024, according to court proceedings, Jolaoso leased the home out for four days for a wedding. A year later, he sued the couple, saying they’d caused $210,000 in damage to hardwood floors, walls and furniture, as well as grease on the driveway and rice in the home’s vents. That case has yet to be resolved.
By that point, Jolaoso was facing the lawsuit from Foxfield, which said in a May 2025 lawsuit that town code did not allow using the property as a wedding venue or short-term rental. The judge’s ruling in favor of Foxfield came June 15 of this year.
In June 2025, Jolaoso sued Miller’s real estate agent, alleging that she misled him about the property and falsely implied she was working on his behalf. That case has been paused.
“I’ve done a lot of real estate transactions, … I just never dealt with one that was this crazy,” he said in September 2023.
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