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Head of NJ real estate firm buys neighboring Palm Beach home


Kenneth Silverman, who founded the Silverman Group, a New Jersey-based commercial real estate and private equity firm, is boosting his luxury residential portfolio. Property records show Silverman and his wife Claudia just paid $8.9 million for their next ...


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By Amanda Rabines | February 19, 2018 06:00PM 830 South County Road (Credit: Google) Kenneth Silverman, who founded the Silverman Group, a New Jersey-based commercial real estate and private equity firm, is boosting his luxury residential portfolio. Property records show Silverman and his wife Claudia just paid $8.9 million for their next door neighbor’s 7,100-square-foot home at 830 South County RoadThe family-run company owns a portfolio of office and industrial buildings across the country. The couple bought their current 18,290-square-foot waterfront home at 215 Via Del Mar in 2011 for $19.5 millionThrough their company, the Silverman’s also recently dropped $30.7 million for two industrial buildings in Lake Worth. Their new five-bedroom house traded for about $1,250 per square footRecords show the sellers are Chuck Royce and his wife Deborah Goodrich, a former actress who starred in movies and television series in the late 80’s and early 90’sChuck Royce founded an eponymous mutual fund company in New YorkRecords show the couple paid $6.9 million for the home in 2005. The two-story home features a pool and two-car garageIt sits on a nearly half-an acre lot – bringing the total land amassed by the Silvermans to a little more than an acre on the blockJust this month a vacant lot on South Ocean Boulevard, measuring about the same, traded for $17.59 million. Tags: Palm Beach, Residential Real Estate Short URL Print stLight.options({publisher: "INSERTYOURPUBKEY",shorten: false});

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