
A megayacht slip has sold for a record $4 million at Key Largo’s prestigious Ocean Reef Club, announced Russell Post, President of Russell Post Sotheby’s International Realty who represented both parties during the transaction. The $4 million slip, located on the T-Dock, can accommodate yachts up to 165 feet in length. The previous record sale at Ocean Reef for a similar size dock was $2 million. “In spite of the economy, the demand for megayacht...
Group 24, LLC, announced it has become a 50 percent partner with Turnberry, Ltd., one of the United States’ premier real estate companies, in the development of Turnberry Tower, a 40-story, luxury condominium project slated for San Francisco’s Rincon Hill neighborhood. Group 24’s major investment in the $300 million residential tower is the firm’s first project with Turnberry. “Turnberry has set the standard for upscale living in major cities...