The Real Deal Miami

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
By Katherine Kallergis | December 04, 2018 01:30PM

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.