The owner of America’s most expensive home just sold a unit in South Beach

LLC tied to Ken Griffin sold a condo but still owns a penthouse villa at the Setai Miami Beach

Miami /
Apr.April 26, 2019 11:30 AM

Ken Griffin and Setai unit 3609 (Credit: Realtor)

A company tied to Citadel founder and CEO Ken Griffin sold a unit at the Setai Miami Beach, property records show.

MH Holdings II LLC sold unit 3609 to Alfonso XIII LLC, a Florida company controlled by attorney Staci J. Rutman, for $7.75 million. Griffin’s entity still also owns a penthouse villa at the luxury condo-hotel tower at 101 20th Street.

Citadel’s deputy head of communications and corporate affairs, Molly McEvily, signed the deed transfer of ownership on behalf of MH Holdings II LLC. The company has also been managed by Gerald Beeson, chief operating officer of Citadel.

Griffin and his now ex-wife Anne were rumored to be the buyers of penthouse villa A at the Setai, for which MH Holdings paid $21.5 million in 2011.

Unit 3609, a three-bedroom, 2,521-square-foot condo, has two master suites and wraparound balconies with views of the ocean, city and downtown, according to a previous listing. It last sold for $6 million in 2011.

Griffin has amassed a significant portfolio of luxury homes around the world.

In January, he spent a record $238 million to buy a penthouse at 220 Central Park South in Manhattan, as well as roughly $122 million for a house in London. He owns a multi-floor unit at No. 9 in Chicago, where his hedge fund is based. Griffin has also spent hundreds of millions of dollars piecing together an assemblage of land in Palm Beach. And he shelled out $60 million for a penthouse at Faena House in Miami Beach about four years ago.


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