Billionaire real estate and casino tycoon Neil Bluhm closed on a townhouse at Palazzo Villas in Palm Beach for $7.4 million.
Arca 21 LLC sold the 5,014-square-foot unit at 215 Brazilian Avenue to Bluhm and Kimberly Paige Fleming, who appears to be his girlfriend. The four-bedroom, five-and-a-half-bathroom unit was built in 2018 as part of a four-unit building, records show.
Bluhm, a Chicago real estate mogul and partner in Midwest Gaming & Entertainment, is managing director of Walton Street Capital, a private equity real estate investment firm based in Chicago. He owns a number of trophy properties in the Windy City, including the 900 North Michigan skyscraper.
He’s also a big donor to presidential candidate and former vice president Joe Biden, raising at least $25,000 for Biden’s campaign.
Bluhm is no stranger to South Florida. In 2018, a company tied to him paid $20.4 million for a four-bedroom, 6,671-square-foot unit at the Four Seasons Residences at The Surf Club in Surfside.