No facelift required: Allergan CEO buys Palm Beach Gardens home

Orthopedic surgeon sold the newly built home

Miami /
Oct.October 02, 2018 05:30 PM

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.


Related Articles

arrow_forward_ios
From left: Eric Witmondt, chief executive officer, Woodmont Properties and Donald Witmondt, chairman, Woodmont Properties (Woodmont Properties, LoopNet)
Woodmont plans eight warehouses at Palm Beach Park of Commerce
Woodmont plans eight warehouses at Palm Beach Park of Commerce
From left: 1840 South Ocean Boulevard, 1341 South Ocean Boulevard and 2000 South Ocean Boulevard
These were South Florida’s largest resi sales of 2021
These were South Florida’s largest resi sales of 2021
From left: Sellers Steven and Krista Nicklaus and buyer James Chow (Getty Images, Oak Street Health)
Jack Nicklaus’ son Steven sells Palm Beach Gardens home
Jack Nicklaus’ son Steven sells Palm Beach Gardens home
New York real estate investor sells Palm Beach Gardens office building for $7M
New York real estate investor sells Palm Beach Gardens office building for $7M
New York real estate investor sells Palm Beach Gardens office building for $7M
Miami-Dade County slapped with ethics complaint over approval of 550-home Calusa project
Miami-Dade County slapped with ethics complaint over approval of 550-home Calusa project
Miami-Dade County slapped with ethics complaint over approval of 550-home Calusa project
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Michael Stern accused of “duping investors” in Monad Terrace project
Michael Stern accused of “duping investors” in Monad Terrace project
Michael Stern accused of “duping investors” in Monad Terrace project
Lone Star Funds founder and chair John Grayken and Woolbright Development founder and president Duane Stiller (Woolbright, Lone Star, Facebook via Legacy Place Shops)
Palm Beach Gardens shopping center fetches record $102M
Palm Beach Gardens shopping center fetches record $102M
arrow_forward_ios

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

Loading...