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IT Services Company Founder Buys Wellington Home for $8M therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Patrick Galley & Cindy Galley and 12549 Cypress Island Way in Wellington (Photo via Redfin) An executive at a Chicago investment management firm bought a waterfront spec home in Wellington for $6.2 million. Records show Patrick W. Galley and Cindy F. Galley bought the newly built house at 12549 Cypress Island Way. The seller is Estate Homes By Stock LLC, a Florida Corporation tied to Naples-based Stock Development led by John Ferry, CFO. Patrick Galley is CEO and CIO of RiverNorth Capital Management, an investment management firm based in Chicago. Estate Homes By Stock LLC bought the land in 2018 for $1.2 million and began constructing the existing house that same year. Property records show the house was completed in 2020. ....