Alden Global Capital-linked LLC sells waterfront Sunset Islands home for $25M

A company tied to the multibillion-dollar “vulture” investment firm Alden Global Capital sold a waterfront home on the Sunset Islands for $25.4 million.  Property records show 2288 Sunset LLC sold the 6,600-square-foot, seven-bedroom and nine-and-a-half-bathroom house at 2288 Sunset Drive in Miami Beach. The buyer is a land trust named after the address.  The home was completed last year by developer Todd Michael Glaser, according to the listing. The 0.3-acre property features 170 feet of water frontage, a pool and spa. It hit the market last year for $32.5 million, and was most recently asking $29.5 million with listing agent […]This article originally appeared on The Real Deal. Click here to read the full story.