Advertising mogul sells Palm Beach home for $33M as season heats up
An advertising titan sold a Palm Beach home for $32.5 million, as the island’s real estate busy season heats up, The Real Deal has learned. Richard and Linda Schaps sold the home at 631 Island Drive, sources confirmed. Margit Brandt with Premier Estate Properties represented the buyer and the seller. She declined to comment. The deal has yet to appear in public records, and the buyer is unknown. Richard Schaps is the founder of Van Wagner Group, one of the biggest firms focused on billboard and aerial advertising in the country. Schaps sold the billboard division of the company to […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
From train travel to staycations: How holidaymakers are adapting to airlines' jet fuel shortage
Kennedy Heiress Lists Hyannis Port Home for $1.6 Million After Failed ‘Dream’ of Continuing Family’s Cape Cod Legacy
Housing Market Silver Linings: Why Homebuyers Are Finding Relief Despite ‘Inflation Contagion’
The Preakness Moves to a New Home: Historic Baltimore Horse Race Relocates for First Time in 117 Years
2027 COLA Could Hit 3.9%— Why Seniors Are Still Falling Behind as Housing Costs Explode
Momentum MLS adds Rayse as member benefit
Miamians sue to stop Trump presidential library in downtown Miami, again
How loan officers are saving deals as mortgage rates cross 6.6%
Arbor Homes’ low-$200s Arrival Series battles the affordability gap
MIAMI and RWorld merger targets unified MLS data and tools
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131