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


Related Articles

arrow_forward_ios
Jarrett Posner, Pablo Escobar with 5860 North Bay Road (The Waterfront Team)

Pablo Escobar’s former Miami Beach property sells for $11M

Pablo Escobar’s former Miami Beach property sells for $11M
Camilo Miguel Jr. and rendering of 4000 Alton Road

Mast Capital scores approval for Miami Beach condo project

Mast Capital scores approval for Miami Beach condo project
6050 North Bay Road (Google Maps)

AmeriSave CEO buys North Bay Road teardown for $8M

AmeriSave CEO buys North Bay Road teardown for $8M
Major Food Group's Jeff Zalaznick and the Design District location (iStock)

New York restaurateur Major Food Group to open three concepts in Miami

New York restaurateur Major Food Group to open three concepts in Miami
Commissioner Ricky Arriola (iStock)

Miami Beach asks for offers to develop lots near Lincoln Road

Miami Beach asks for offers to develop lots near Lincoln Road
David Grutman and Alejandro Sanz with a rendering of 2050 North Bay Road (Getty, CMA Design Studio)

David Grutman closes on Alejandro Sanz’s Miami Beach home, plans new mansion

David Grutman closes on Alejandro Sanz’s Miami Beach home, plans new mansion
114 West San Marino Island

Island Queen Cruises founder sails away from Venetian Islands home for $6M

Island Queen Cruises founder sails away from Venetian Islands home for $6M
(Google Maps)

Condo sales fell in Miami-Dade last week

Condo sales fell in Miami-Dade last week
arrow_forward_ios

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

Loading...