Maryanne Trump Barry, Eric and Donald Trump Jr. with the property at 1125 South Ocean Boulevard (Credit: Getty Images)

The Trumps are keeping it in the family.

A company controlled by Donald Trump Jr. and Eric Trump paid $18.5 million for their aunt’s waterfront Palm Beach home, property records show.

1125 South Ocean LLC, an entity the brothers created in March, financed the purchase with an $11.2 million mortgage. The lender is not yet available in Palm Beach County records.

President Trump’s older sister Maryanne Trump Barry listed the eight-bedroom, 8,270-square-foot mansion at 1125 South Ocean Boulevard with Christian Angle of Christian Angle Real Estate in December for $22.9 million  Barry, 81, is a former judge of the United States Court of Appeals for the Third Circuit.

Angle declined to comment.

In 2004, Barry paid $11.5 million for the Palm Beach home, which was built in 1956.

In 2005, she sold the house at 160 Woodbridge Road, near Trump’s Mar-a-Lago private club.


Source: http://feeds.feedburner.com/trdmiami

Leave a Reply

Your email address will not be published. Required fields are marked *