NYC fast food king buys at Mansions at Acqualina

Miami /
Oct.October 14, 2015 10:30 AM

Dennis Riese, chairman and CEO of the Riese Organization, and his wife Randi paid $6 million for a unit at the Mansions at Acqualina, according to a deed recorded on Tuesday.

The Rieses closed on unit 3301 in the newly completed 47-story tower in Sunny Isles Beach, Miami-Dade County records show. Details about the unit were not available.

The New York-based Riese Organization owns and operates about 75 restaurants in the New York City area, including TGI Fridays, KFC, Pizza Hut, Nathan’s and Tim Hortons Cafe and Bake Shop.

Mansions, at 17749 Collins Avenue, was developed by Jules and Eddie Trump — of no relation to presidential candidate Donald Trump — and is the second Acqualina-branded tower to be built. The third, Estates at Acqualina, is expected to open in 2019. 

Other buyers in the high-end tower include video game developer and software company executive Joel Hochberg. Mansions at Acqualina began recording closings on Aug. 10 and marks the 37th new condo tower to be completed in coastal South Florida since the current real estate cycle began in 2011.


Related Articles

arrow_forward_ios
Faena House at 3315 Collins Avenue in Miami Beach (Condos.com)
Faena House closing tops Miami-Dade’s weekly condo sales
Faena House closing tops Miami-Dade’s weekly condo sales
A photo illustration of the Four Seasons Residences at Biscane Bay (left), the Mansions at Acqualina (middle), and the 1 Hotel & Homes at Miami Beach (right) (Condo.com, iStock)
Here are Miami-Dade’s top condo sales in April
Here are Miami-Dade’s top condo sales in April
A photo illustration of the Mansions at Acqualina (Mansions at Acqualina, Condo.com, iStock)
Mansions at Acqualina closing tops Miami-Dade’s weekly condo sales
Mansions at Acqualina closing tops Miami-Dade’s weekly condo sales
Four Seasons Residences at 1425 Brickell Avenue Miami (Condo.com)
$13M Four Seasons Brickell closing tops Miami-Dade’s weekly condo sales
$13M Four Seasons Brickell closing tops Miami-Dade’s weekly condo sales
$15M Fisher Island closing tops Miami-Dade’s weekly condo sales
$15M Fisher Island closing tops Miami-Dade’s weekly condo sales
$15M Fisher Island closing tops Miami-Dade’s weekly condo sales
$11M 1 Hotel & Homes closing tops Miami-Dade’s weekly condo sales
$11M 1 Hotel & Homes closing tops Miami-Dade’s weekly condo sales
$11M 1 Hotel & Homes closing tops Miami-Dade’s weekly condo sales
Magid and Linda Abraham (LinkedIn, Turnberry)
Data science veterans pay $14M for Turnberry Ocean Club condo in Sunny Isles Beach
Data science veterans pay $14M for Turnberry Ocean Club condo in Sunny Isles Beach
Ocean House at 125 Ocean Drive in Miami Beach, Four Seasons Residences at 1425 Brickell Avenue in Miami, and The Surf Club Four Seasons at 9001 - 9111 Collins Avenue in Surfside (Condos.com)
Here are the top March condo sales in Miami-Dade
Here are the top March condo sales in Miami-Dade
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...