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1920s Florida Mansion With 200 Feet of Ocean Frontage Hits the Market for $28.5 Million


Mansion Global
1920s Florida Mansion With 200 Feet of Ocean Frontage Hits the Market for $28.5 Million
A Boston-based hedge fund manager has listed the compound for $18.5 million more than he paid in 2019
By V.L. Hendrickson
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Living Proof Photography for the Corcoran Group
1 of 9
Living Proof Photography for the Corcoran Group
1 of 9
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A Boston-based hedge fund manager listed his historic Florida estate for $28.5 million last week, just two years after purchasing it for $10.5 million.
Michael Rashes, a principal at Bracebridge Capital, a fixed-income hedge fund, and his wife Dena bought the 1926 Mediterranean-style home in the Palm Beach County town of Gulf Stream in May 2019, according to records with PropertyShark. ....

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Buyers in Hot Markets May Want to Move Quickly Before Competition Increases in the New Year


Mansion Global
Buyers in Hot Markets May Want to Move Quickly Before Competition Increases in the New Year
Markets from London to Austin are bucking the trend of slow holiday sales seasons, and are expected to stay frothy well into 2021
By Virginia K. Smith
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Originally Published On January 1, 2021
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Mansion Global
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In Austin, while buyers flock to waterfront and country club properties, the condo market is currently in a pandemic-related lull.
dszc / Getty Images
In Austin, while buyers flock to waterfront and country club properties, the condo market is currently in a pandemic-related lull.
dszc / Getty Images
Real estate markets in certain cities, both in the U.S. and abroad, have unquestionably benefited from the coronavirus pandemic, with a flood of high-net-worth buyers from larger metro areas searching for more spacious properties to be locked ....

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