Monday, February 15, 2021

Private Equity Seems To Be Doing OK: PE Titan Buys Palm Beach Estate For $120+ Million

From The Real Deal:

Spec homebuilder Mark Pulte sold 21K sf mansion

Private equity titan Scott Shleifer paid more than $120 million for an oceanfront mansion in Palm Beach, setting a record for residential sales in Florida and marking one of the most expensive home sales in the U.S., The Real Deal has learned.

The property hit the market last month and closed on Thursday, sources said. The deed was recorded on Friday for $122.7 million....

....MUCH MORE