Palm Beach mansion headed for foreclosure auction

The home is next door to one that Tommy Hilfiger and his wife just bought for $34 million

TRD MIAMI /
May.May 14, 2017 01:00 PM

A circuit court judge rescheduled the foreclosure auction of an oceanfront Palm Beach mansion next to the one Tommy Hilfiger just bought for $34 million.

Judge Janet Brustares Keyser moved to July 5 the date of the online auction of the 15,850-square-foot house at 101 Casa Bendita, owned by real estate developer Robert V. Matthews.

A mortgage affiliate of Deutsche Bank filed a foreclosure action against Matthews for defaulting on a mortgage loan with a $26.25 million unpaid balance.

Judge Keyser rescheduled the foreclosure auction, originally scheduled for April 11, after attorneys for both Matthews and the mortgage holder, DB Private Wealth Mortgage LTD of New York, asked for more time to work out a settlement.

Matthews’ Palm Beach residence rests on a 0.8-acre lot with 185 feet of beachfront. Matthews and his wife built the custom, Mediterranean-style house in 2006 at their cul-de-sac address on Casa Bendita.

Hilfiger and and his wife, Dee Ocleppo, bought a six-bedroom house next door that is smaller at 13,774 square feet, but it sits on a bigger lot with 203 feet of beachfront. [Palm Beach Daily News] – Mike Seemuth


Related Articles

arrow_forward_ios
350 Indian Road and (inset) Frank H. Kenan (Realtor, Kenan Institute)

Scion of Kenan family sells Palm Beach mansion for $8M

Scion of Kenan family sells Palm Beach mansion for $8M
113 Clarke Avenue, Peter J. Wood, Edwin Lin (Realtor.com)

Citadel hedge fund exec buys Palm Beach home for $10M

Citadel hedge fund exec buys Palm Beach home for $10M
Schuyler Tilney and 222 Ridgeview Drive (Linkedin, Sotheby's)

Got the power: Energy investor and former Enron exec pay $7M for Palm Beach house

Got the power: Energy investor and former Enron exec pay $7M for Palm Beach house
1744 South Ocean Boulevard (Credit: Google Maps and iStock)

Oceanfront Palm Beach estate trades for $51M

Oceanfront Palm Beach estate trades for $51M
Rendering of 259 Pendleton Ave. with Jonathan Fryd, Todd Glaser and Scott Robins (Glaser by Mary Beth Koeth)

Todd Glaser, partners buy Palm Beach lot to build spec home

Todd Glaser, partners buy Palm Beach lot to build spec home
920 North Lake Way, Jeffrey Marcus of Marcus Cable, and Patrick Ryan of Press Ganey (Credit: Google Maps)

Cable mogul buys waterfront Palm Beach home for $16M

Cable mogul buys waterfront Palm Beach home for $16M
Bon Jovi and 1075 North Ocean Boulevard (Getty, Realtor)

Bon Jovi pays $43M for oceanfront Palm Beach estate

Bon Jovi pays $43M for oceanfront Palm Beach estate
Jon Bon Jovi and 230 North Ocean Boulevard (Credit: RE/MAX and Theo Wargo/Getty Images)

Jon Bon Jovi sells oceanfront Palm Beach house

Jon Bon Jovi sells oceanfront Palm Beach house
arrow_forward_ios

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

Loading...