Peter R. Norden, CEO of mortgage lending company HomeBridge, bought a spec mansion in Boca Raton’s Royal Palm Yacht & State Club for $16.9 million.
Information display Norden bought the house at 1812 Sabal Palm Circle to David and Robin Reis of Harrison, New York. David Reis is CEO of Senior Treatment Improvement, a Harrison, New York-based mostly developer and operator of senior treatment amenities.
Norden heads Coral Gables-primarily based HomeBridge Fiscal Services. He and his wife, Barbara Norden, also very own a waterfront mansion in Royal Palm Yacht & Country Club that they bought for $13 million in 2020.
David Roberts of Royal Palm Attributes represented each sides in the most up-to-date offer.
Norden acquired the Sabal Palm Circle property for $5 million in 2021, records show. Norden partnered with Steve and Scott Dingle, the brothers who direct SRD Creating Corporation, a spec enhancement company that specializes in Royal Palm Yacht & Region Club. The Dingles designed and offered a waterfront spec mansion for $28 million in February of very last calendar year, then a cost history for Boca Raton household sales.
They accomplished the venture for Norden previous 12 months, according to residence records. The 8,700-square-foot mansion sits on .4 acres and has 6 bedrooms, seven loos and two 50 percent-bathrooms, records display. It features a club area, wine space and pool, the listing displays.
Norden detailed the home for $19.3 million in July, marketing it for $2.4 million underneath the inquiring value, Redfin reveals. Roberts is the go-to broker for SRD Building projects and 1 of the prime brokers in Palm Beach front County, positioning to start with in The True Deal’s position of on-sector offers last year with just about $350 million in income.
Other new sales in Royal Palm Yacht & Region Club consist of Denise Rizzuto’s flip of a house to a vehicle seller for $8 million final month. She’s the spouse of Conair heir Leandro Rizzuto, Jr., and had bought the household for $7.8 million 9 months prior. In October, spec builder Jeff Norman also acquired a waterfront dwelling for $23.5 million, with strategies to break up the house and develop two $30 million properties. In September, the Dingle brothers bought a non-waterfront spec house for $16.2 million.
