Anheuser-Busch heirs buy Wellington equine facility for $25M
Scions of the Anheuser-Busch family dropped $24.5 million on a 42.1-acre equestrian facility in Wellington. Records show PBESC LLC, a Florida entity managed by Stephen A. Orthwein Jr. and linked to his uncle, Peter Busch Orthwein, bought the Palm Beach Equine Sports Complex at 13056 Pierson Road. The sellers are two entities managed by Palm Beach Equine Clinic President Scott Swerdlin, founder Edward Wollenman, Robert Brusie and Robert Boswell, all equestrian veterans in Wellington. The Palm Beach Equine Sports Complex last sold for $4.5 million in 2004, according to property records. The complex was built in 1979 and includes a […]This article originally appeared on The Real Deal. Click here to read the full story.
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