The Real Deal Miami

Trading rubles for sunshine

By Dan Weil | September 12, 2008 11:26AM


From the September South Florida ssue: The onslaught of Russian investment
in South Florida real estate continues after Donald Trump’s record $95
million sale of a Palm Beach mansion to a Russian billionaire earlier
this year. Linda Gary, a realtor in Palm Beach, is showing houses on
the island to two Russian clients. One is looking in the $4 to $5
million range, and the other in the $20 to $25 million range. “Maybe
Trump’s deal will spark these other two” to make a purchase, Gary said.