Stronach Group CEO Belinda Stronach, owner of Hallandale Beach’s Gulfstream Park, bought a condo in the newly completed Seaway at the Surf Club for $14.6 million.
Records show Stronach’s BFN Surfside Trust bought a unit in the complex at 9149 Collins Avenue in Surfside. Developed by Nadim Ashi’s Fort Lauderdale-based Fort Partners, the oceanfront, two-building, 34-unit Seaway began closings earlier this month.
Stronach heads her family’s Stronach Group, an Aurora, Ontario, Canada-based firm with a sprawling portfolio of horse racing tracks and gambling operations. Stronach also had a stint in politics, serving as a member of Parliament in the House of Commons of Canada from 2004 to 2008.
She is the daughter of Austro-Canadian billionaire Frank Stronach, who founded the Stronach Group’s predecessor, Magna International, in 1956. Forbes estimates his net worth at $1.5 billion. The 91-year-old is currently facing a bevy of sex crime charges in Canada for alleged assaults stretching from 1977 to until as recently as this year, CBC reported. Stronach denies the claims.
Records have yet to update with details of the floor plan for Belinda Stronach’s Seaway condo. Joseph Dirand designed the project, which connects to Fort Partners’ Four Seasons Hotel and Residences at the Surf Club. Seaway buyers have access to amenities at the Surf Club Four Seasons, which include a private club, Thomas Keller restaurant and four swimming pools. Surf Club Four Seasons is one of the most sought-after luxury condos in South Florida: A trust tied to an Apple attorney bought a penthouse in the building for a record $44 million in April.
Other Seaway buyers include Centerbridge Partners co-founder Jeff Aronson, who bought a condo with his wife for $12.3 million, records show. David Foley, senior managing director for Blackstone’s private equity group, dropped $24.5 million on a unit. Delaware-based Ninth Cloud LLC bought four units for a combined $50.9 million.
Ashi’s Fort Partners has another condo project in the works adjacent to Surf Club Four Seasons in the works. The firm paid $60 million for the site of the planned 17-unit Surf House at 8955 Collins Avenue in April.