Top home sales: Architect couple who designed own house sell it for $7.9M
Courtesy of Goodacre & Co. Real Estate)
A couple who designed and built a Hamptons-inspired home in Boulder sold it for $7.9 million last month, earning the top spot among local home sales in April.
Dennis and Annette Martin, both of whom are architects, sold their newly built 5,665-square-foot home at 1810 Norwood Ave. on April 15 to Vinay Nair, according to property records.
Nair is the founder of New York-based The TIFIN Group, which invests in and operates financial technology companies, according to his LinkedIn.
The Martins purchased the property for $2.03 million under their respective trusts in 2017, according to public records. They designed a three-bedroom, four-bathroom home for the half-acre lot in the foothills and hired Jamey Valentine Construction to complete it in 2019.
Great Lakes Castings, in Ludington, Michigan, manufactured hand weights for the Meijer Active brand.
As gyms in most states struggled to stay open at the height of the pandemic, Midwestern retailer Meijer created a Michigan-made solution to bolster supply and address the more than 300% increase in demand that its stores were seeing as shoppers enhanced their home gyms.
Port Washington, New York-based-The NPD Group reported in May 2020 that fitness equipment like kettlebells, hand weights and dumbbells became hot sellers during lockdown, propelling a 130%-plus rise in fitness equipment sales and all of its categories, including cardio machines, free-weight equipment, home gym weight machines, strength-training products, and yoga and Pilates essentials. That demand in home exercise equipment continued its rapid growth in that third quarter, with sales up nearly double over the same period last year.