Cantor Companies' Michael Cantor Sells Manalapan Mansion
Cantor Companies CEO Michael Cantor parted with his oceanfront Manalapan mansion for $28 million. Property records show Cantor’s 1160 Manalapan LLC sold the 20,075-square-foot estate at 1160 South Ocean Boulevard to a land trust managed by City National Bank of Florida. The trust financed the purchase with a $20.3 million loan from HSBC Bank. The Manalapan mansion, with seven bedrooms, nine bathrooms and 2.5 half-bathrooms, sits on a 1.7-acre lot. It has a tennis court, 160 feet of ocean frontage, and another 160 feet of frontage on the Intracoastal Waterway. The estate was built in 1995 an...