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.
Recent Posts
North Palm Beach town center redevelopment tied up in lawsuits
Michael Stern sells interest in Miami Beach condos to majority owner Activate Hospitality
SJC sells Whole Foods complex for $83M amid investor appetite for grocery-anchored real estate
Prominent trial attorney finds buyer for waterfront Boca mansion once owned by Sheetz magnate
South Florida’s top deals: OKO, Cain sell Una Brickell penthouse for $18M
Advertising Real Estate-Related Products and Services
FCC Update on Drones with LiDAR Obstacle Avoidance
Appeals Court Quashes Homie Appeal, Delivers NAR VictoryAppeals Court Quashes Homie Appeal, Delivers NAR Victory
RE Q&A: Should I Add My Daughter’s Name to My House Deed to Avoid Probate Costs?
Solar Panels – Questions to Ask Before Contract
