Michigan business consultant sells for $4M in Palm Beach
by Ross Franco, published Tuesday, July 29 9:00 PM
·
J. Thomas Clark sold a four-bedroom, 6.5 bath home at 161 Royal Poinciana Way in Palm Beach to Philip Leslie Carter and Julia Lee Ann Carter for $4 million on July 8.
Clark bought the home for the same amount in March 2006, the same year it was built.
Clark has served as CEO of
The Clark Group, a business management consulting firm in Bloomfield Hills, Mich.
Home sales in
Palm Beach are down 16 percent in 2008 versus sales in 2007. The median sale price has also fallen from $1.2 million to $1.1 million so far this year.
Address:
161 Royal Poinciana Way
Buyer(s): Philip Leslie Carter and Julia Lee Ann Carter
Seller(s): J Thomas Clark (Individually and as Trustee) and J Thomas Clark (Revocable Trust)
Sale date: 2008-07-08
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