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RFR Holding And Tricap Partnership Acquire 12 Units At W South Beach For $10.78 Million

February 4, 2021

A partnership between Aby Rosen and Michael Fuchs’ RFR Holding and David Edelstein’s Tricap, who also co-developed W South Beach, have closed on the purchase of 12 units at the iconic beachfront condo-hotel for $10.78 million.

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In Acquisitions, Closed, Commercial, Hotels, Hospitality, Invest, Investment News, News, News & Features, Miami Beach, Private Equity, South Beach, Traded Tags RFR Realty, RFR Holding, Tricap, David Edelstein, Aby Rosen, Michael Fuchs, News, News & Features, Investment News, Invest, Ralph Nakash, Joseph Nakash, W South Beach, 2201 Collins Ave., Hotels, Hotel, Hotel Condo, Citibank, Deutsche Bank, Jordache Enterprises, February 2021, Acquisitions, Closed, Traded, Private Equity, Miami Beach, South Beach, Commercial, Hospitality
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Ken Griffin Locks Down $49 Million Mortgage For $350 Million Palm Beach Assemblage

Ken Griffin Locks Down $49 Million Mortgage For $350 Million Palm Beach Assemblage

April 20, 2020

The multi-billionaire hedge fund magnate Ken Griffin, who founded the Chicago-based Citadel Securities, has locked down a $49 million mortgage from Citibank at 60 Blossom Way in Palm Beach. The loan was arranged by Providencia Partners. Griffin originally purchased the 18,452 SF mansion, which was built in 2008 and sits on 3.6 acres, in September 2019 in cash from real estate investor Frank McCourt.

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In Luxury Homes, Luxury Real Estate, News, Finance & Banking, Residential, Palm Beach Tags Luxury Real Estate, Luxury Homes, Palm Beach, Palm Beach County, Ken Griffin, Residential, 60 Blossom Way, Frank McCourt, Providencia Partners, Citadel Securities, Citibank, News, Financing, Finance, Finance & Banking, Banking, Mortgage, Featured
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