Glenn and Grace Yanoff bought a six-bedroom, 6.5-bath house at 7539 Isla Verde Way in West Delray from Isla Verde Acquisition, Llc, and Reserve Mortgage Investors, Llc, for $1.6 million on Jan. 28.

The 5,316-square-foot house, which was built in 1999, sold for $2,037,500 in May 2008.

Mr. Yanoff has served as the executive vice president of NYMAGIC, Inc., an insurance holding company that specializes in commercial lines property and casualty and ocean marine insurance. He was also the president of NMO agencies, a subsidiary of NYMAGIC, Inc.

Previously, he worked as area president of Risk Placement Services, Inc., vice president and insurance underwriter of I. Arthur Yanoff & Co., Ltd., and CEO and president of Crackerjack Systems, Inc. He was also the co-founder of Horluxe, LLC, a luxury timepiece leasing company.

There were 1,608 home sales in West Delray in 2008, with a median sales price of $200,000.

Address: 7539 Isla Verde Way
Buyer(s): Glenn Yanoff and Grace Yanoff
Seller(s): Isla Verde Acquisition Llc and Reserve Mortgage Investors Llc
Sale date: Jan. 28, 2009