Non-public Equity Honcho Sells Palm Beach front Gardens House For $5M

 

From left: John Clancy, 12034 Corozo Court in Palm Beach Gardens and William Weisberg (Photos via Providence Equity; ADHQ; Redfin)

From left: John Clancy, 12034 Corozo Courtroom in Palm Beach Gardens and William Weisberg (Shots by using Providence Equity ADHQ Redfin)

 

The running director of a personal equity expenditure firm offered his home in Palm Beach front Gardens for $5.3 million.

Documents display John P. Clancy and his wife, Regina, offered the residence at 12034 Corozo Court docket to William E. Weisberg.

John Clancy is taking care of director and head of portfolio operations on the providence strategic expansion crew at Providence, Rhode Island-primarily based Providence Fairness, even though he is effective out of its Boston place of work, in accordance to its site.

The Clancys bought the 7,108-sq.-foot household when it was new in 2016 for $4.5 million, according to documents. They outlined the residence in July 2020 for $5.5 million. Cornelius McGinnis with Outdated Palm Real Estate represented the Clancys.

Weisberg is chairman and CEO of Affiliated Distributors, a distribution and producing business primarily based in Wayne, Pennsylvania. Started in 1981, the firm specializes in distributing and production construction and industrial products and solutions, in accordance to its site.

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

Weisberg’s recently obtained six-bedroom residence is on a 50 percent-acre large amount with lake and Outdated Palm Golf Club sights. The house has 7 full bogs, two 50 %-bathrooms, two two-car garages and a pool, according to the listing.

In Palm Beach front Gardens, experienced golfer Louis Oosthuizen bought his household for $5.5 million in early 2020.

Other the latest movie star offers in Palm Seashore Gardens involve Serena Williams providing her residence for $2.8 million, and Swedish design Elin Nordegren acquiring a dwelling for $9.9 million in September.