EXIM head under President Obama buys Miami Beach condo

Seller leads a natural foods brokerage

Miami /
Jul.July 02, 2021 10:30 AM
Fred P. Hochberg and Beach House 8 (Getty, Google Maps)

Fred P. Hochberg and Beach House 8 (Getty, Google Maps)

Fred Hochberg, the longtime head of the Export-Import Bank of the United States under President Barack Obama, paid $6 million for a Miami Beach condo after selling his house for $15 million.

Hochberg and his partner Tom Healy, a writer and poet, purchased a sixth-floor unit at Beach House 8, a boutique condo at 3651 Collins Avenue, property records show. The seller is William Weiland, founder, president and CEO of Barrington, Illinois-based Presence Marketing/Dynamic Presence, a natural foods brokerage.

The 3,783-square-foot unit has four bedrooms and four bathrooms.

Hochberg was chairman and president of EXIM from 2009 to 2017. He also led Lillian Vernon Corp., a company founded by his mother, as president and COO.

A trust in Weiland’s name paid $6.6 million for the unit in 2017 for $6.6 million, and listed it for sale early last year for $7.4 million. It was most recently asking $6 million.

Alex Miranda and Joe Padula of Compass represented the seller, while Jill Hertzberg of Coldwell Banker’s The Jills Zeder Group represented the buyer. The unit sold for nearly $1,800 per square foot.

Records show Hochberg sold the home at 1600 West 28th Street in Miami Beach for $15 million in May.

Recent Miami Beach condo sales include the $30 million sale of a combined unit at Continuum South Beach, as well as the $11.2 million sale of billionaire hedge fund manager Ken Griffin’s remaining unit at Faena House.






    Related Articles

    arrow_forward_ios
    Ronny Finvarb with the proposed hotel (GEK Architecture)
    Sunset Harbour’s new zoning district bans Ronny Finvarb’s planned hotel, allows taller offices
    Sunset Harbour’s new zoning district bans Ronny Finvarb’s planned hotel, allows taller offices
    DataDirect Networks President Paul Bloch, Oceanfirst Realty principal Eddy Chabli and renderings of the house Bloch plans to build (DDN, Kobi Karp Architecture)
    Tech mogul Paul Bloch buys waterfront Miami Beach lot, plans mansion
    Tech mogul Paul Bloch buys waterfront Miami Beach lot, plans mansion
    800 Lincoln Road building and Restaurateur Gregory Galy (Tricap, LinkedIn)
    Mila restaurant to add entertainment venue on Lincoln Road
    Mila restaurant to add entertainment venue on Lincoln Road
    David Grutman and Pharrell’s Goodtime Hotel had received nearly 30 noise violations (Carma Connected, Getty)
    Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
    Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
    Grupo Marquise’s Jose Carlos Pontes with the property (Compass, Facebook via Grupo Marquise)
    Grupo Marquise co-founder sells waterfront Miami Beach mansion for $27M
    Grupo Marquise co-founder sells waterfront Miami Beach mansion for $27M
    The highest sale last week was a $17 million penthouse at Porche Design Tower (Porche)
    Weekly condo sales dollar volume rises, led by $17M closing at Porsche Design Tower
    Weekly condo sales dollar volume rises, led by $17M closing at Porsche Design Tower
    Corey Dickerson, Mike Piazza and Derek Jeter with the Miami baseball stadium (Getty)
    South Florida by the numbers: Play ball
    South Florida by the numbers: Play ball
    Gabriele Braha and Avihai Daniell with the properties (Red Group)
    Family office buys South Beach short-term rental portfolio for $14M
    Family office buys South Beach short-term rental portfolio for $14M
    arrow_forward_ios

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

    Loading...