South Florida’s top deals: Private equity exec Michael Chu sells $58M Palm Beach mansion
🏆 Residential: The top home sale recorded in South Florida came in at $58.3 million, as Michael Chu, co-founder and executive chairman of private equity firm L Catterton, and his wife Elizabeth Chu parted with a home at 102 Angler Avenue in Palm Beach. The buyer was a trust. The nearly 8,000-square-foot home has five bedrooms, seven full bathrooms and two half baths. The deal appears to have been off market. 🏆 Commercial: The top commercial transaction to hit records was GL Homes’ acquisition of 220 acres of land along 140th Avenue North in Westlake from Minto Communities, the master […]This article originally appeared on The Real Deal. Click here to read the full story.
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