Financier buys Palm Beach estate in Mar-a-Lago Security Zone for $36M
Financier Mark Marcello dropped $36 million on a Palm Beach estate in the Mar-a-Lago Security Zone. Records show his 150 Clarendon Avenue LLC, a Florida entity, bought the mansion at 160 Clarendon Avenue from John and Marilyn Breyo. Lawrence Moens of Lawrence A. Moens Associates represented both sides of the deal. Marcello is a longtime West Palm Beach resident and a partner in his father’s Windsor Capital Partners investment firm. In 2007, he bought his waterfront home at 5009 South Flagler Drive for $1.8 million, records show. John Breyo was a longtime executive at Ayco Corporation, a personal financial counseling […]This article originally appeared on The Real Deal. Click here to read the full story.
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