Former casino exec sells Jupiter estate for $6M

Miami /
Jun.June 24, 2020 09:45 AM
171 Commodore Drive and Mark Seelig (Redfin)

171 Commodore Drive and Mark Seelig (Redfin)

Joseph Lashinger, a former casino president, sold a new waterfront home in Jupiter’s Admiral Cove for $5.5 million.

Lashinger and his wife Julie sold the property at 171 Commodore Drive to Mark Seelig, who co-founded a real estate investment firm and a law firm, and his wife Valerie. The house has five bedrooms and two half-bathrooms and sits on 0.4 acres, according to a listing on Redfin.

Lashinger was a former state representative in Pennsylvania. He was also the former president of Harrah’s Chester Casino & Racetrack and the former vice-president, general counsel and consultant of Penn National Gaming.

Seelig is a co-founder of the New York-based law firm MSF. He is also the co-founder and chairman of real estate private equity funds and investment vehicles with real estate holdings valued at more than $1.5 billion, according to the firm’s website.

Rob Thomson of Waterfront Properties & Club Communities represented the seller, according to Realtor.com. Thomas Frankel of Admirals Cove Realty Co. represented the buyer.

The property last sold for $2.6 million in October 2018, property records show. It was listed for $7.7 million in September, according to Realtor.com.

Jupiter’s high-end housing market has exploded in recent years. In February, the former president of Pan American Airways, who was more recently CEO of a nuclear energy company, sold his estate in Bear’s Club in Jupiter for $10 million. In July 2019, the trust of former Los Angeles Dodgers owner Jamie McCourt purchased a 6,804-square-foot home at 160 Spyglass Lane in Jupiter for $1,175 per square foot, records show.


Related Articles

arrow_forward_ios
Justin Daniels and 197 Spyglass Court, Jupiter (Google Maps, Justin Daniels)

Real estate investor buys waterfront Jupiter home for nearly $7M

Real estate investor buys waterfront Jupiter home for nearly $7M
Deborah M. Fretz and 5511 River Cove, Jupiter (Douglas Elliman)

Retired oil and energy CEO buys waterfront Jupiter home for $6M

Retired oil and energy CEO buys waterfront Jupiter home for $6M
Rob Thomson (Rob Thomson, Palm Beach County Sheriff's Office, iStock)

Jupiter agent Rob Thomson gets probation for domestic battery against ex-fiancée

Jupiter agent Rob Thomson gets probation for domestic battery against ex-fiancée
377 Eagle Drive in Jupiter (Google Maps)

20/20 vision: MyEyeDr CEO buys waterfront mansion in Jupiter for $11M

20/20 vision: MyEyeDr CEO buys waterfront mansion in Jupiter for $11M
Yadier Molina & 6431 River Pointe Way (Credit: Todd Kirkland/Getty Images, and Google Maps)

Baseball player Yadier Molina sells Jupiter mansion for $8M

Baseball player Yadier Molina sells Jupiter mansion for $8M
Ina Kim-Schaad & 5280 Pennock Point Road (Credit: Google Maps)

Golfer Ina Kim-Schaad pays $6M for waterfront mansion in Jupiter

Golfer Ina Kim-Schaad pays $6M for waterfront mansion in Jupiter
212 Spyglass Lane & Carlos Gavidia (Realtor, Instagram/Carlos_E_Gavidia)

“Trumptilla” organizer sells waterfront Jupiter home for $6M

“Trumptilla” organizer sells waterfront Jupiter home for $6M
Jeff Bezos and the site at 14490 Corporate Road North (Google Maps)

SunTrust Equity Funding closes on Amazon-leased site at Palm Beach Park of Commerce

SunTrust Equity Funding closes on Amazon-leased site at Palm Beach Park of Commerce
arrow_forward_ios

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

Loading...