SoftBank’s Marcelo Claure sells Miami Beach mansion to Apollo co-founder for $32M

Josh Harris, a billionaire, stepped down from Apollo in May

Miami /
Jul.July 23, 2021 12:30 PM
Apollo Global Management’s Josh Harris and Softbank CEO Marcelo Claure with the property (Getty)

Apollo Global Management’s Josh Harris and Softbank CEO Marcelo Claure with the property (Getty)

What does a billionaire co-founder of one of the world’s largest private equity firms do after stepping down from his role?

Buy a mansion in Miami Beach, of course.

Apollo Global Management’s Josh Harris bought the home from Marcelo Claure, CEO of Softbank Group International and executive chairman of WeWork.

The deal closed for $32.3 million, according to as-yet-unpublished property records obtained by The Real Deal. Sources confirmed the buyer is Harris, which was first reported by the New York Post.

Before Claure purchased it, the 9,400-square-foot mansion at 2060 North Bay Road was previously owned by former Miami Heat player Rony Seikaly.

Claure, who is also a partner in Inter Miami CF, the Major League Soccer team co-owned by soccer superstar David Beckham, acquired the nine-bedroom, nine-bathroom estate in 2010. Claure’s MCL Real Estate paid $11.5 million for the mansion, which was built in 2005.

Alejandro Diaz Bazan and Danny Hertzberg of Coldwell Banker’s Jills Zeder Group, who declined to comment, brokered the off-market sale to Harris.

Harris, who is worth about $5.5 billion, co-founded the multibillion-dollar global asset management firm with Leon Black and Marc Rowan. Harris stepped down in May and remained on the board of directors and the executive board, according to a release from Apollo. Black had previously stepped down following an investigation into his ties to the late sex offender and disgraced financer Jeffrey Epstein.

Last year, Claure bought a teardown farther up the same street at 5212 North Bay Road, paying $11.1 million for the waterfront property, with plans to build a new mansion.






    Related Articles

    arrow_forward_ios
    South Florida residential sales rose in August, but single-family closings fell across the tri-county region. (iStock)
    South Florida single-family home sales decline in August as inventory shrinks
    South Florida single-family home sales decline in August as inventory shrinks
    Jason Capello and 1404 North Lake Way
    Hedge funder shells out $31M for waterfront Palm Beach spec mansion
    Hedge funder shells out $31M for waterfront Palm Beach spec mansion
    Happiness begins in Miami: Joe Jonas, Sophie Turner buy Bay Point mansion
    Happiness begins in Miami: Joe Jonas, Sophie Turner buy Bay Point mansion
    Happiness begins in Miami: Joe Jonas, Sophie Turner buy Bay Point mansion
    Eighty Seven Park and the lot where the Champlain Towers South once stood (Douglas Elliman)
    Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
    Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
    A unit in Continuum South Beach was the top sale last week (Luxhunters for ONE Sotheby’s International Realty)
    Tech entrepreneur’s purchase of Continuum unit leads Miami-Dade weekly condo sales
    Tech entrepreneur’s purchase of Continuum unit leads Miami-Dade weekly condo sales
    Scottie Pippen and the Fort Lauderdale house (Getty, Compass)
    Slam dunk: Scottie Pippen sells waterfront Fort Lauderdale mansion for nearly $11M
    Slam dunk: Scottie Pippen sells waterfront Fort Lauderdale mansion for nearly $11M
    830 Brickell and the co-developers Cain's Jonathan Goldstein and Vlad Doronin (Getty, OKO Group / Cain International)
    Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
    Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
    Heath Freeman, managing director of Alden Global Capital, and the house at 3503 Lodge Drive in Coconut Grove, Miami (Getty, Compass / Brown Harris Stevens)
    “Hedge fund vampire” bites into waterfront Coconut Grove mansion for $19M
    “Hedge fund vampire” bites into waterfront Coconut Grove mansion for $19M
    arrow_forward_ios

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

    Loading...