September 28, 2021

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Mortgage News

Couple in Bon Jovi deal buy Palm Beach house, re-list it at heftier price

A home on 233 Miraflores Drive on the North End of Palm Beach changed hands in August for $ 7.23 million and was immediately re-listed at a higher price.

The Palm Beach couple, whose Trust bought rockers last year Jon Bon Jovi‘s oceanfront home for nearly $ 20 million recently bought a smaller home on the North End – and then immediately listed it again for nearly $ 2 million more than they paid for it.

Businessman Robert Posner and his wife, Zina, contributed $ 7.23 million for the three bedroom home 233 Miraflores ride with a limited liability company, show the property records. The ink barely had time to dry on the charter before the Posners launched it at $ 8.995 million. On Tuesday, after 18 days in the market, the price dropped to $ 8.575 million on the multi-list service, according to the updated sales list.

Rob Posner is CEO of NewDay USAwho provides VA mortgages to military veterans. The Fulton, Maryland-based company announced earlier this year that it had Relocation of the headquarters and 600 employees to a building under construction in downtown West Palm Beach.