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Averell and Gigi Mortimer Buy Palm Beach Home for $7M

Averell and Gigi Mortimer Buy Palm Beach Home for $7M
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.

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Beauty maven Adrien Arpel's lakeside house tops $25 million in Palm Beach

HSN star sells 1020 N. Lake Way, which she owned under her married name, Adrienne Newman.
Palm Beach Daily News
Beauty entrepreneur and home-shopping television star Adrien Arpel has sold her lakefront house on Palm Beach’s North End for $25.375 million, the price reported this week in the multiple listing service.
She owned the four-bedroom house at 1020 N. Lake Way on a lot of nearly a half-acre under her married name, Adrienne Newman, courthouse records show. She paid $5.2 million for the property in 2001 when she was married to her late husband, Ronald Monroe Newman, records show.
The sale closed Tuesday, the MLS shows, but the deed was still working its way through the recording process Friday, so the buyer’s identity isn’t yet known. It’s also unclear if the price reported in the MLS will match the one to be documented by the Palm Beach County Clerk’s office. ....

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Billionaire pays $49M for 'spec' mansion in Palm Beach, deed shows

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UPDATE: Billionaire buys ‘spec’ mansion on Everglades Island for $49 million: deed
Investments manager James G. Dinan of York Capital Management and wife buy house at 520 Island Drive with lakefront on two sides, thanks to its site on the north end of Everglades Island.
Palm Beach Daily News
A billionaire hedge-fund manager is the new co-owner of a never-lived-in California-style contemporary mansion that just sold for a recorded $49.142 million on Everglades Island.
James G. Dinan and his wife, Elizabeth R. Miller, bought the house with waterfront on two sides at 520 Island Drive, according to the deed recorded Tuesday by the Palm Beach County Clerk’s office. ....

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James Dinan Buys Palm Beach Mansion from Corey Schottenstein

James Dinan and Elizabeth Miller and the property (Josh Quick, J. Quick Studios, Getty)
Billionaire hedge fund manager and Milwaukee Bucks co-owner James Dinan purchased a waterfront spec mansion in Palm Beach.
Dinan, founder and CEO of New York-based York Capital Management, and his wife, Elizabeth Miller, paid about $49.1 million for the 13,025-square-foot estate at 520 Island Drive. Luxury home builder Corey Schottenstein of Schottenstein Real Estate Group sold the Everglades Island property, records show. The price likely does not include commissions and other costs, including furniture.
Corey Schottenstein (Schottenstein Real Estate Group)
Dinan’s net worth is $1.9 billion, according to Forbes. He’s the latest billionaire to buy a luxury estate in Palm Beach, where residential inventory is scarce and most deals are now off market. ....

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Nine property sales this season topped $40M in Palm Beach

When it comes to big-dollar deals in Palm Beach, this season saw an abundance of riches.
Between Oct. 1 and Thursday, 38 sales closed at prices recorded at $17 million or higher. In the same period last year, just 12 deals landed in that price category 13 if you record a property that sold for $16.9 million.
This season also saw six sales record at between $30 million and $40 million, while another nine deals hit prices even higher.
Here’s a rundown of the sales including two that involved vacant lots recorded at more than $40 million this season. Unless otherwise noted, the prices are the ones documented by the Palm Beach County Clerk’s office. ....

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