Published by The Real Deal South Florida, June 10, 2021
The CEO of a Securities and Derivatives trading firm bought a Condo at Apogee South Beach Condo in Miami Beach, Florida for $11.7 million.
Records show Chris Lorenzen purchased unit 804 at 800 South Pointe Drive in Miami Beach from Richard W. Gray III, individually and as trustee of a trust in his name.
Lorenzen is CEO of Chicago-based Eagle Seven Trading. He’s held the position since 2004, according to his LinkedIn.
Gray is an adviser for DJR Advisors, and was the co-founder and former CEO and chairman of New York-based Travelclick, which Amadeus bought from Thoma Bravo for $1.5 billion in 2018. He also serves on the boards of Visitors for M.D. Anderson Cancer Center in Houston and The Miami Project to Cure Paralysis at the University of Miami Medical School in Miami, according to DJR’s website.
Kathy Green of Coldwell Banker Realty represented the seller, and Scott Betten of Income Real Estate represented the buyer.
Property records show the 3,731-square-foot condo has 4 Bedrooms and 3.5 Bathrooms. The unit also features 2,441 square feet of terraces and a two-and-a-half-car garage, according to the listing.
The Related Group developed Apogee in 2007. Other recent sales in the 22-story condo building include a real estate investment CEO selling a unit for $8.4 million, Maxim Group Vice Chairman Edward Rose buying a unit for $9.3 million, and the co-founder of Westdale selling a unit for $15.5 million.
Located at 800 South Pointe Drive in Miami Beach, Apogee South Beach Condo epitomizes Luxury and exclusivity, enjoying a prime Bayfront location South of 5th/SoFi in the South Beach/SOBE area of Miami Beach.
Apogee Condo includes a total of only 67 Residences, spacious 3-4 Bedroom Residences and Penthouses offering premium interior Finishes, large Terraces, private Elevator entry into each Residence, only 4 Units per Floor, and flow-through Floor plans with beautiful views of the Ocean, Bay, and City Skyline from Floor-to-Ceiling Impact Windows and Doors.