Landmaxxing: CEO next door is buyer of $72M Miami Beach mansion

by Katherine Kallergis

In yet another example of landmaxxing, the CEO next door to a waterfront Miami Beach mansion that sold for $72 million is the buyer of that property, The Real Deal has learned.  Asher Raphael, CEO of Chester, Pennsylvania-based Power Home Remodeling, acquired the new two-story mansion at 2740 North Bay Road, sources told TRD. Russian businessman Ilya Karpov sold the property to a trust that conceals the identity of the buyer.  Raphael started at Power Home Remodeling as a sales person in 2003, and now leads what the company says is the largest, full-service exterior home remodeler in the U.S., […]

This article originally appeared on The Real Deal. Click here to read the full story.

GET MORE INFORMATION

Stevan Stanisic

Stevan Stanisic

+1(239) 777-9517

Real Estate Advisor License ID: SL3518131

Real Estate Advisor License ID: SL3518131

Name

Name

Phone*

Phone

Message