The Real Deal Miami

No facelift required: Allergan CEO buys Palm Beach Gardens home

Orthopedic surgeon sold the newly built home
By Katherine Kallergis | October 02, 2018 05:30PM

14630 Watermark Way and Brenton Saunders

The CEO of Botox’s parent company just injected about $6.6 million into buying a Palm Beach Gardens home, property records show.

Ryan and Shana Simovitch sold the six-bedroom, 7,522-square-foot house at 14630 Watermark Way to Brenton L. Saunders and Amy Saunders.

Brenton Saunders is president, chairman and CEO of Allergan Plc, a pharmaceutical company that produces drugs like Botox, Restasis, Juvederm and Lo Loestrin Fe. He previously led Forest Laboratories and Bausch + Lomb as CEO. In 2017, he reportedly earned $32.8 million, according to Bloomberg.

The Palm Beach Gardens property features 157 feet of frontage on the Intracoastal Waterway and is in the Harbor Place community, next to the Bears Club in Palm Beach Gardens. Milla Russo of Illustrated Properties represented the sellers, and Virtual Global Realty brought the buyers, according to Realtor.com.

Ryan Simovitch, an orthopedic surgeon, and Shana Simovitch paid $1.6 million for the property in 2015. The home was completed in 2016, according to property records.