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Friday, June 15, 2018

Palm Beach real estate: Lakefront estate sells for $41.3 million

Palm Beach real estate: Lakefront estate sells for $41.3 million: A sprawling lakefront compound with architecture recalling a Venetian palace has sold on�Palm Beach’s Billionaire’s Row for more than $41 million, according to the deed recorded by the�Palm�Beach�County�Clerk’s office.
Private-equity specialist Thompson Dean and his wife, Caroline, bought 1485 S. Ocean Blvd., the deed shows. Thompson Dean is managing partner and CEO of�Avista Capital Partners.�The New York City-based firm has more than $6 billion invested in health-care companies, according to its�website.