Real estate investor buys Palm Beach condo
by John Simon, published Thursday, August 28 10:00 AM
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Mr. Biel
Unit #0110 is a 1,503-square-foot condo, which was built in 1968. It's located in the French Villas of Palm Beach development.
Mr. Biel is a senior managing director at Faison, a privately-owned real estate development and investment company based in Charlotte, N.C. He is responsible for all real estate acquisitions and development for the Northeast/Mid-Atlantic region for the company.
He earned his Ph.D. in philosophy and a master's in economic geography from Ohio State University. He earned his bachelor's Miami University.
Condo sales in Palm Beach dropped almost 16 percent in 2007 versus sales in 2006. The median sales price also fell from $800,000 to $742,000 last year.
Address: 
201 Everglades Avenue, #0110
Buyer(s): Howard S Biel (Trustee), Rene A Biel (Trustee), and Howard And Rene Biel (Revocable Trust)
Seller(s): William James
Sale date: 2008-08-04
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