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Mansion of embattled Palm Beach developer sells for $30M (Photos)

(BIZ Journals) - 1 months ago
 Philadelphia businessman Vahan H. Gureghian paid $30.275 million for the Palm Beach mansion that belonged to embattled Palm Beach developer Robert V. Matthews. Singer Island Tower Suite LLC, part of DB Private Wealth Mortgage, sold the nearly 16,000-square-foot home at 101 Casa Bendita to Gureghian. The lender seized the home in April under orders of U.S. Bankruptcy Court in Matthew’s personal Chapter 11 filing. DB Private Wealth Mortgage, part of Deutsche Bank, had a $27.4 million loa...
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