Fort Partners sells oceanfront penthouses for $69M amid rush of year-end closings

Nadim Ashi’s Fort Partners sold a penthouse in Seaway at the Surf Club for $54.9 million. It was part of a pair of deals tied to billionaire Pablo Legorreta and his wife, Alumdena Legorreta. Records show Legoretta’s business entities bought PH-10A and PH-10B at 9149 Collins Avenue in Surfside for $54.9 million and $13.8 million, respectively. Combined, they total $68.7 million.  At 12,700 square feet, the sale works out to more than $4,300 per square foot for PH-10A. PH-10B spans 3,600 square feet and sold for $3,800 per square foot.  The buyer financed the purchase with mortgages from Morgan Stanley […]

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