Buyer revealed: Related exec drops $6M on Miami Beach home

By March 13, 2019 No Comments

Michael Capponi developed the waterfront spec home
The president and CEO of the Related Group’s development division has a new Miami Beach home.
Related’s Steve W. Patterson and his wife, Carly Patterson, paid $6.2 million for the waterfront spec estate at 2901 Flamingo Drive, Miami-Dade County records show. Patterson has worked with the Miami-based developer since 2010 and is responsible for all multifamily and mixed-use developments, according to the company’s website.

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