With a variety of residential investments secured in Miami Beach, loanDepot founder Anthony Hsieh set his sights on investment opportunities up the Atlantic Coast this winter.
Hsieh has, in the past few months, invested in both Star Island and One Thousand Museum, the two most exclusive communities in the Magic City, dropping $30 million for an estate on Biscayne and a further $20 million for a penthouse with remarkable jetliner views of it; both properties are currently on the rental market.
Lest an address in the Sunshine State be neglected, Hsieh recently invested $9.6 million for a waterfront getaway in North Palm Beach. Although fairly modest relative to Hsieh’s other recent acquisitions, and possessed of an overall relaxed beachside living style, the house harbors a grandiose spirit.
It begins with a soaring foyer rising to a raw wood pyramid ceiling inset with clerestory windows. Glossy stone tile floors run through the bulk of the shared space, and there’s the requisite marble in the kitchen and baths. On the other hand, Caribbean influences show in the fans that pop up periodically as tokens of tropical traditionalism, plank hardwood pops up in the family room, office and kitchen, and plank ceilings and louvered blinds are a common sight.
Amenities in this home include a billiards room with an L-shaped bar, and a loggia overlooking the pool and ocean.
Hsieh’s net worth is around $2.6 billion.