Atlanta businessman and venture capitalist Holcombe T. Greene Jr. sold a home in Palm Beach for $7.45 million, $750,000 less than what he paid for it in October.
Property records show Holcombe sold the six-bedroom, 5,521-square-foot home at 240 Jungle Road to investors William F.X. Moody and Dana E. Landry, who are brokers and founding partners of Washington Fine Properties in Washington, D.C.
The Palm Beach home sold in October for $8.2 million, property records show.
The nearly half-acre property, designed by architect Maurice Fatio, includes a library with a fireplace, tower guest bedroom, a three-car garage, a two-bedroom guest apartment over the garage, as well as a pool.
Ann Summers of Brown Harris Stevens of Palm Beach represented Greene, while Landry represented himself and Moody, according to Realtor.com.
Green, who was once CEO of a textiles manufacturing company, founded Green Capital Investors LP in Atlanta.