Pinecrest mansion owned by investment fraudster in contract, asking $22M
A lavish Pinecrest mansion owned by a former financial portfolio manager who pleaded guilty to securities fraud and related charges is in contract to sell to a new owner. The pending sale is one of 15 contracts signed between Sept. 1 and Sept. 7, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade County that are included in the Multiple Listing Service. The properties spent 108 days on the market, on average. Fifty-three luxury listings were added to the market, for a total of 1,100 listings. The previous week, […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Miami is now more expensive than New York City
Buyers at Rishi Kapoor’s condo projects could get share of $4M in receivership funds
Floyd Mayweather’s former Miami Beach mansion trades at a loss
Lender snaps up Stonerock’s downtown Miami office buildings for $15M
Fisher Island mansion asking $32M leads luxury contracts in Miami
Stetson University plans Tampa development as higher ed bets on mixed-use districts
Paseo pipeline: Comras, Kanavos’ Lincoln Road vision hinges on walkability
South Florida’s top deals: Spec developer sells Bear’s Club mansion for $34M
Florida metros logged nearly 7,500 new-home permits in June
When a listing lingers, start with the data
