Updated Jan 29, 2025
Laura & Geoffery Rehnert - Bain Capital Acquires SFR In North Palm Beach For $16.8M
11087 Old Harbour Road, North Palm Beach, FL, USA
$16,800,000
$2,134/SF
Building Size
7,870 SF
Asset Type
Single Family Residence
Closing
Mar 12, 2020
About this deal
AI
The property involved in this transaction is a Single Family Residence (SFR) located at 11087 Old Harbour Road in North Palm Beach. The sale took place on 03/13/2020. The property spans approximately 7,870 square feet and was sold for a price of $16,800,000. This translates to a price per square foot (PPSF) of $2,134. The seller of the property was Diane Bodman.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $16,800,000
- Date: 03/13/2020
- Address: 11087 Old Harbour Road, North Palm Beach
- Market: North Palm Beach
- Buyer: Laura & Geoffery Rehnert - Bain Capital
- Seller: Diane Bodman
- Square Footage: 7,870
- Price per Square Foot (PPSF): $2,134
The buyers of the property are Laura and Geoffery Rehnert, representing Bain Capital. They played a key role in this transaction, acquiring the property from seller Diane Bodman. Geoffery Rehnert is part of the Bain Capital team involved in the deal.
Players
North Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93