search

The Real Deal Logo

Trending

Insult to injury: Kushner dinged $15M after losing $186M dealInsult to injury: Kushner dinged $15M after losing $186M dealInside South Florida’s ultra luxury resi marketInside South Florida’s ultra luxury resi marketSouth Florida developer Tibor Hollo dies at 96South Florida developer Tibor Hollo dies at 96Two Trees concerned 485x won’t work at River RingTwo Trees concerned 485x won’t work at River Ring
Residential
South Florida

GCM Grosvenor exec drops $10M on Pinecrest mansion

Grammy winner Marc Anthony owned the property following his split with J. Lo

10391 Southwest 64 Avenue with GCM Grosvenor' Frederick Pollock
10391 Southwest 64 Avenue with GCM Grosvenor' Frederick Pollock (GCM Grosvenor, 1 Oak Studios for ONE Sotheby’s)

Frederick Pollock, chief investment officer of GCM Grosvenor, paid $9.6 million for a Pinecrest mansion once owned by singer-songwriter Marc Anthony.

Records show Pollock and his wife, Michelle Pollock, bought the house at 10391 Southwest 64th Avenue from James and Maria Myers.

Michael Martinez of One Sotheby’s International Realty had the listing, and Jennifer Goldstein of Official brought the buyers. Martinez declined to comment. Goldstein declined to comment on the buyers and sellers.

10391 Southwest 64 Avenue
10391 Southwest 64 Avenue (1 Oak Studios for ONE Sotheby’s)

Pollock is chief investment officer of Chicago-based GCM Grosvenor, a publicly traded global asset management company with $75 billion in assets under management, according to its website. Securities and Exchange Commission documents show Pollock joined the firm in 2015 and was elevated to his current title in 2020. He has a JD degree from Harvard Law School and previously worked for Morgan Stanley from 2006 till 2015, according to SEC filings. 

Michelle Pollock, previously Michelle Koch, is also a lawyer by training, and was formerly general counsel for US LBM, an Atlanta-based building materials company, according to LinkedIn.   

James Myers is the owner and president of PontoonStuff.com, a boat supplies company based in Indiana, Pennsylvania. 

Sign Up for the undefined Newsletter

Grammy winner Marc Anthony bought the house for $5.1 million in 2015, following his split with Jennifer Lopez, sources confirmed. He sold the house at a loss for $5 million in 2017, property records show. Anthony bought a condo in Zaha Hadid-designed One Thousand Museum for $11 million in July. Miami Mayor Francis X. Suarez officiated his wedding to Nadia Ferreira, a.k.a. Miss Paraguay, in January, Stylecaster reported.  

10391 Southwest 64 Avenue
10391 Southwest 64 Avenue (1 Oak Studios for ONE Sotheby’s)

The Myers bought the 0.9-acre Pinecrest mansion for $5.6 million in 2019, property records show. Built in 2015, the 9,500-square-foot, nine-bedroom, nine-bathroom, one-half-bathroom house includes a home theater, wine cellar and gym, according to records and the listing. The property also includes a pool, a one-bedroom guest house, a playground and outdoor kitchen, the listing shows.

Goldstein said the house represents “the new direction that Pinecrest is headed in.”

“It just looks brand-spanking new, that’s why it sold,” she said.

The Myers first listed the mansion for $12 million last May, which would have set a price record for Pinecrest if it sold at that price. The price most recently dropped to $10.5 million in January, Redfin shows. 

The current price record for Pinecrest was set in December, when Miami Heat’s Tyler Herro bought a mansion for $10.5 million. The sale broke the price record set just days before, when a fintech executive sold his mansion for $10.3 million. 

A Citadel executive bought a Pinecrest house for $6.5 million in August, nearly double its sale price from the prior year.