Luxury Property Fire Sale in Key Biscayne; Scarface Home on Market for $38.5M

It seems that Key Biscayne hedge fund manager John Devaney, CEO of United Capital made a bad decision by investing in the mortage market right before it collapsed.  According to TheStreet.com, Devaney put “…one of his most prized possessions-a 142–foot Trinity yacht dubbed Positive Carry— up for sale along with his $16.5 million second-home in Aspen, CO.  […]

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SBCB Scoop: Miami Beach’s $29M Setai Penthouse Under Contract

I remember when I got into the real estate business about 15 years ago that agents who primarily sold condos were considered second-class brokers. How times have changed. Word on the street (or in my ear) is that the penthouse at Setai South Beach, located at 101 20th Street in Miami Beach, is under contract. […]

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