Ares Management CEO buys Randy Frankel’s waterfront Miami Beach estate for $31.5M
Tampa Bay Rays co-owner Randy Frankel more than doubled his money with the sale of his waterfront Miami Beach mansion. Frankel and his wife, Barbara, sold their two-story, 8,500-square-foot home at 1635 West 22nd Street on the Sunset Islands for $31.5 million. Ares Management co-founder and CEO Michael Arougheti bought the property, records show. Ares is […]
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