Private Equity
“Hedge fund vampire” Heath Freeman is biting into Miami’s luxury home market. Freeman, managing director of New York-based Alden Global Capital, picked up a waterfront mansion in Camp Biscayne, a gated Coconut Grove community, for $19 million, records show. Freeman financed the purchase with a $12.4 million loan from Wells Fargo Bank. The sellers of the 9,700-square-foot, six-bedroom, six-bathroom house at 3503 Main Lodge Drive in Miami are David J. Ivler and his wife, Jessica. The post “Hedge fund vampire” bites into waterfront Coconut Grove mansion for $19M appeared first on The Real Deal New York.

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