You can bet on it: Billionaire Neil Bluhm revealed as buyer of Surf Club Four Seasons PH

His Surf Club Miami Penthouse LLC paid $20M for nearly 7K sf unit in September

Miami /
Dec.December 04, 2018 01:30 PM

Four Seasons Residences at The Surf Club and Neil Bluhm

Billionaire real estate and casino tycoon Neil Bluhm has been revealed as the owner of a penthouse at the Four Seasons Residences at The Surf Club in Surfside.

Bluhm took out a $10 million mortgage on Penthouse 5 at the luxury condo and hotel development, according to property records. Bank of America is the lender.

The Chicago real estate mogul owns a number of trophy properties in the Windy City, including the 900 North Michigan skyscraper. He co-founded JMP Realty and is a managing director of Walton Street Capital, a private equity real estate investment firm based at 900 North Michigan.

Bluhm’s Surf Club Miami Penthouse LLC paid $20.4 million for the four-bedroom, 6,671-square-foot unit in Surfside in September.

Fort Partners, led by Nadim Ashi, completed the luxury beachfront development last year. It includes a 72-room hotel, a Le Sirenuse restaurant and a Thomas Keller restaurant. Pritzker Prize-winning architect Richard Meier — earlier this year accused of sexual harassment — and Kobi Karp designed the Surfside project, restoring the original Henry Firestone Club.

Theory co-founder and CEO Andrew Rosen and South Florida auto dealer Alan Potamkin are among Bluhm’s neighbors in the Four Seasons-branded complex.


Related Articles

arrow_forward_ios
The Faena House at 3315 Collins Ave, Miami Beach (Foster + Partners)
Miami-Dade condo sales dollar volume rises in mid-June
Miami-Dade condo sales dollar volume rises in mid-June
 Adam Neumann (Getty, Bal Harbour Florida)
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Alex Sapir and Giovanni Fasciano with Arte by Antonio Citterio in Surfside (Photos via Arte by Antonio Citterio/PR Newswire)
Miami penthouse sets cryptocurrency sale record: $22.5M
Miami penthouse sets cryptocurrency sale record: $22.5M
Lynda Carter and the Four Seasons Residences at The Surf Club (Getty, Four Season)
“Wonder Woman” Lynda Carter drops $15M on Surf Club Four Seasons condo
“Wonder Woman” Lynda Carter drops $15M on Surf Club Four Seasons condo
(Google Maps, Arte Surfside)
Weekly condo sales flat while sales volume falls in last week of May
Weekly condo sales flat while sales volume falls in last week of May
Emilio Bassini and Reina Marin Bassini with Arte Surfside. (Getty, Arte)
Hedge funder buys oceanfront condo at Arte in Surfside for $13M
Hedge funder buys oceanfront condo at Arte in Surfside for $13M
Arte Surfside (Arte)
$13M unit at Arte in Surfside leads weekly condo sales
$13M unit at Arte in Surfside leads weekly condo sales
(iStock)
South Florida resi construction starts soar in March
South Florida resi construction starts soar in March
arrow_forward_ios

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

Loading...