Carlyle managing director drops $22M on waterfront Palm Beach manse

10k sf home sold at a 16% discount

Jan.January 11, 2018 10:35 AM

726 Hi Mount Road in Palm Beach

A Carlyle Group managing director just paid $22.3 million for a waterfront Palm Beach mansion, property records show.

Marcel van Poecke, and his wife, Irina Liner, bought the 10,400-square-foot mansion at 726 Hi Mount Road for about $2,135 per square foot. He oversees investments in the oil and gas industry outside of North America for the Carlyle Group. Poecke also founded the Belgian company AtlasInvest, which is also an investor and operator in the energy industry.

The sellers of the four-bedroom lakeside house are investor Jeffrey Lane and his wife, Nancy. Records show the couple bought the home in 1999 for $5.9 million.

Palm Beach broker Lawrence Moens had the listing. The house hit the market in December for $26.5 million, which means it sold at a 16 percent discount off the original asking price.

Features of the home, built in 1938, include a first-floor master suite, outdoor patios, a pool and a dock in the Intracoastal Waterway.

In October, Carlyle sold the Stiles Hotel in South Beach for $17.5 million. The company owns properties across South Florida, including the Overture Dadeland senior apartment complex in Miami, the Lauderdale Marine Center, and a 437-unit mobile home community in Boynton Beach.

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