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Billionaire hedge fund manager Dan Loeb and renderings of 6440 North Bay. (Third Point, To Better Days Development)
Spec home developer Peter Fine sold a Miami Beach mansion to billionaire hedge fund manager Dan Loeb for $20 million, The Real Deal has learned.
Fine’s 6440 NBR LLC sold the six-bedroom, 13,386-square-foot home at 6440 North Bay Road to a Delaware entity named after the address. Sources confirmed the buyer is Loeb, founder and CEO of Third Point, a New York-based hedge fund.
Loeb is worth about $3 billion, according to Forbes. He founded Third Point LLC, a New York-based activist hedge fund in 1995, and is CEO of the company. Loeb is also developer Shahab Karmely’s silent backer, TRD reported in 2017.
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MIAMI, Jan. 8, 2021 /PRNewswire/ In 2020, The Jills Zeder Group exceeded $1 billion in sales, becoming one of the first real estate teams in the nation to reach this milestone in just one year, according to REAL Trends data for non-team owned brokerages from 2015–2019. This extraordinary achievement breaks all of The Jills Zeder Group s records and solidifies its position as the foremost expert in South Florida luxury real estate. The Jills Zeder Group sold over 180 transaction sides and listed more than 160 properties, including both single family homes and condominiums, in 2020. The Jills Zeder Group is affiliated with Coldwell Banker Realty in Florida and the Coldwell Banker Global Luxury International Luxury Alliance.