July 26, 2021

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Non-public Equity Honcho Sells Palm Seaside Gardens Residence For $5M

2 min read

 

From left: John Clancy, 12034 Corozo Courtroom in Palm Beach Gardens and William Weisberg (Photographs by way of Providence Fairness ADHQ Redfin)

 

The controlling director of a personal equity expense company marketed his home in Palm Beach Gardens for $5.3 million.

Data display John P. Clancy and his spouse, Regina, sold the dwelling at 12034 Corozo Court docket to William E. Weisberg.

John Clancy is taking care of director and head of portfolio functions on the providence strategic advancement group at Providence, Rhode Island-based mostly Providence Equity, despite the fact that he performs out of its Boston place of work, in accordance to its web page.

The Clancys purchased the 7,108-square-foot house when it was new in 2016 for $4.5 million, according to documents. They mentioned the household in July 2020 for $5.5 million. Cornelius McGinnis with Aged Palm Actual Estate represented the Clancys.

Weisberg is chairman and CEO of Affiliated Distributors, a distribution and producing firm based mostly in Wayne, Pennsylvania. Launched in 1981, the company specializes in distributing and manufacturing design and industrial products and solutions, according to its internet site.

In July, Weisberg’s previous spouse, Karin Taylor, obtained a waterfront house in Tequesta for $3.1 million.

Weisberg’s recently ordered 6-bed room house is on a 50 %-acre good deal with lake and Previous Palm Golf Club views. The household has 7 complete bogs, two fifty percent-loos, two two-vehicle garages and a pool, in accordance to the listing.

In Palm Beach Gardens, specialist golfer Louis Oosthuizen sold his residence for $5.5 million in early 2020.

Other recent celebrity offers in Palm Beach front Gardens consist of Serena Williams advertising her residence for $2.8 million, and Swedish product Elin Nordegren purchasing a household for $9.9 million in September.

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