Francisco Partners Consulting’s Michael Kohlsdorf and Senegal Software’s Shelly Justice with an aerial of 4151 Palm Lane (Francisco Partners Consulting, Senegal Software package, Google Maps)
An entity tied to a New York hedge funder marketed a waterfront household in Miami to an Atlanta few for $14.5 million.
A Delaware entity tied to Mendy Haas, CFO at the hedge fund Third Stage, offered the home at 4151 Palm Lane in Miami’s Bay Position community to Michael Kohlsdorf and Shelly Justice, documents present.
Data demonstrate the Haas-managed entity bought the residence for $13 million in July of last 12 months. The 4,500-square-foot, 4-bed room, four-rest room household sits on a .8-acre whole lot with 273 ft of h2o frontage, in accordance to home documents. The house is at the conclude of a cul-de-sac in the non-public island local community and includes a pool, spa and out of doors kitchen area, in accordance to the listing.
Jill Hertzberg and Danny Hertzberg of Coldwell Banker Realty’s Jills Zeder Team experienced the listing, whilst Tony Rodriguez Tellaheche of Status Realty Team introduced the potential buyers.
The purchasers every operate Atlanta-based firms. Kohlsdorf is the founder of Francisco Companions Consulting, an Atlanta-dependent tech financial investment business, while Justice is the founder and chairperson of the recruiting program firm Senegal Computer software.
The deed also lists 3rd Point’s Hudson Yards business office as the Haas-managed providing entity’s mailing tackle. Established by Daniel Loeb in 1995, Third Issue has about $15.9 billion in belongings under management.
Very last thirty day period, Loeb sold a Wynwood advancement web site to Brooklyn-based LIVWRK for $20 million. And in April, he flipped a waterfront teardown on North Bay Street for much more than $24 million.
The earlier two years have observed a surge of demand from customers and price growth for waterfront qualities in and all around Miami.
Earlier this thirty day period, a hedge funder’s spouse marketed a waterfront Miami Beach dwelling for $13.3 million, up from the $7.4 million she paid out for it in 2020.
In November, the waterfront Venetian Island house of the late retail mogul at the rear of Topshop offered for $15 million, and famed criminal offense writer Edna Buchanan offered her Venetian Islands household for $12 million.