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Volume 26 No. 175
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Buyers & Sellers: Frank McCourt Sells Palm Beach Home For $99.13M

Former Dodgers Owner FRANK MCCOURT has sold his beachfront home in Palm Beach, Fla., for $99.13M to billionaire hedge fund manager KEN GRIFFIN. McCourt paid a then-record $77.06M for the house in April '17. Griffin with the purchase "appears to have squared off his oceanfront estate -- the largest in Palm Beach." The sale is the "second biggest-dollar single seller/single buyer deal ever in Palm Beach" (PALM BEACH DAILY NEWS, 9/7).

BUYERS & SELLERS: Warriors co-Owner JOE LACOB and his wife NICOLE CURRAN have purchased a "decidedly decadent" oceanfront mansion on Malibu's Carbon Beach for $29.1M. The home features three levels and over 5,500 square feet of "contemporary living space." There is a "loggia with a full outdoor kitchen and a bar-style table with a central fire feature, plus a hot tub with sweeping ocean views" (VARIETY.com, 9/6). The property has five bedrooms and six bathrooms and also "touts a home theater, elevator and glass room gym" (San Jose MERCURY NEWS, 9/7)....CSE Founder & CEO LONNIE COOPER has purchased a home in Atlanta for $8M. The 3.5-acre property contains a 24,800-square-foot English manor-style mansion with six bedrooms and 7.5 bathrooms. The main home features a "two-story foyer with a pair of arched staircases and a two-story great room." The terrace level "includes entertainment, media, exercise and spa spaces." The pool house is also two stories (BIZJOURNALS.com, 9/10)....Former NHLer CODY HODGSON has sold his Waterfront Village condo in Buffalo for $785,000. The 2,620-square-foot unit has three bedrooms and 3.5 bathrooms (BIZJOURNALS.com, 9/11).