Resi Roundup: Private equity exec sells Palm Beach lot for $20M

Private equity executive E. Burke Ross Jr. sold his non-waterfront Palm Beach lot for  $19.9 million, more than four times what he paid in 2014. That’s one of the major residential sales and listings in Palm Beach County recently. DRI Fund’s Steven Kirsch is asking for $74.9 million on his oceanfront Palm Beach mansion. And a Gulf Stream beachfront estate is asking for $79 million in its first potential sale in three decades. Ross, president of Palm Beach-based ADEC Private Equity, sold the 0.45-acre empty lot at 214 Wells Road in the Adams Addition neighborhood. The buyer’s identity was obscured […]

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