Ex-Advanta CEO sells Hillsboro Beach mansion for $27M

Ex-Advanta CEO Dennis Alter sold his oceanfront Hillsboro Beach mansion for $27.1 million, The Real Deal has learned. Alter sold the home at 1111 Hillsboro Mile in Hillsboro Beach to an out-of-state buyer, listing agent Gerry Liguori confirmed. He declined to comment on the buyer’s identity. The deed has yet to be recorded. Nicole Chambless with United Realty Group brought the buyer. Alter was at one point CEO of one of Philadelphia’s largest companies, before Advanta filed for bankruptcy during the 2008 financial crisis. His father started the firm as TSO Financial in 1951, specializing in loans to teachers in […]This article originally appeared on The Real Deal. Click here to read the full story.