Luxury deals slowed during the holiday week, after an early November surge, but a private equity billionaire still managed to find a buyer for his oceanfront Palm Beach home. Buyers signed 15 contracts between Nov. 24 and Nov. 30 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that … Read more
Deep in Palm Beach County, out where the suburbs meet the swamp, dirt has turned to gold. The miracle has unfolded behind the guarded gates of Stone Creek Ranch, a community in an unincorporated part of the county near Delray Beach, where just 37 homes occupy 187 acres. It is about as far inland as … Read more
Billionaire WeatherTech founder David F. MacNeil has put his newly built Fort Lauderdale mansion on the market for $35.99 million—just months after his headline-grabbing purchase of an enormous Manalapan property that was on the market for $95 million. According to records, MacNeil, 66, managed to snag quite the discount on his Manalapan home, with the … Read more
Billionaire hedge fund manager Bill Ackman has criticized the Trump administration’s plan to sell shares of mortgage giants Fannie Mae and Freddie Mac to the public, laying out an alternative path that would reward existing common shareholders. Ackman, whose Pershing Square hedge fund holds a substantial stake in Fannie and Freddie’s common stock, unveiled an … Read more
Billionaire Rockstar Energy founder Russell Weiner is buying a second mansion in the exclusive Stone Creek Ranch community in Palm Beach County, bringing his total spending in the neighborhood to more than $40 million, The Real Deal has learned. Weiner is under contract to purchase the 11,500-square-foot estate on 2.5 acres at 9303 Hawk Shadow … Read more
Amazon billionaire Jeff Bezos has spent years building his dream compound inside the exclusive Florida enclave of Indian Creek Island—but while he waits for that enormous estate to be completed, he’s making a heavy investment in overhauling his temporary home just a few feet away. The 61 year old snapped up a third property on … Read more
Billionaire Rockstar Energy founder Russell Weiner is in contract to buy a Stone Creek Ranch mansion asking $20.9 million, The Real Deal has learned. Weiner, who has invested heavily in South Florida’s luxury residential market, has a deal pending for the mansion at 16071 Quiet Vista Circle in Stone Creek Ranch, a gated community in … Read more