Actor Kevin James pays $14M for Delray Beach mansion - BridgeInvest

Actor and comic Kevin James is returning to Delray Beach after buying a new mansion across from the ocean for $14 million.

N Ocean Capital 344 LLC, an affiliate of New Jersey-based developer National Realty Investment Advisors (NRIA) and U.S. Construction, sold the 11,495-square-foot home at 344 N. Ocean Blvd. to James, who was born Kevin Knipfing. Los Angeles-based City National Bank provided a $10 million mortgage for the deal. The price equated to $1,218 per square foot.

See the full article on South Florida Business Journal.

Item Media

Other News

April 6, 2022

London firm resurfaces in NY with $50M Soho deal

London-based Chelsfield Group picked up the ground lease at 580 Broadway, an ornate office building in Soho spanning 128,000 square feet, for $50 million, real estate records show. Miami’s BridgeInvest [...]

March 18, 2022

Sunny Isles Beach penthouse bought out of bankruptcy for $21M

The top-floor penthouse at the Regalia condominium in Sunny Isles Beach was sold in a deal approved by U.S. Bankruptcy Court. Regalia Units Owner LLC, managed by Christiane Bomeny, sold the [...]

January 18, 2022

Newport receives major construction loan to complete revitalization of downtown’s 222 Mitchell Street

The centerpiece of Newport RE’s multiyear vision of revitalizing South Downtown just inched one step closer toward completion. The Germany-based real estate company received a $75 million construction loan to [...]

December 6, 2021

Moxy Hotel in Wynwood to break ground after developer obtains $35M loan

The Moxy Hotel will soon break ground in Miami’s Wynwood Arts District after the developer obtained a $35 million construction loan. BI 71 LLC, an affiliate of Miami-based lender BridgeInvest, [...]

December 6, 2021

Exclusive: BridgeInvest raises $280m

Miami-based real estate firm BridgeInvest has held a final close for its third real estate credit fund, the firm confirmed to PERE. Launching in August 2020, the fund raised a [...]

December 3, 2021

BridgeInvest Lends $64M for South Florida Assisted-Living Development

Rieber Developments has landed an $83.8 million debt package to build an assisted-living mixed-use development in metropolitan Miami, Commercial Observer has learned. Miami-based BridgeInvest supplied a $63.5 million senior construction loan for Rieber’s [...]