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Henry Kravis, the billionaire co-founder of KKR, has made a significant addition to his real estate portfolio with the purchase of a new property.
The purchase price of the new property is $9.2 million, a substantial investment that reflects Kravis's confidence in the market.
Kravis's real estate portfolio is now more extensive than ever, with this new acquisition joining his existing properties.
This new property is likely to be a valuable addition to Kravis's collection, providing a solid return on investment and further diversifying his portfolio.
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Henry Kravis' Real Estate
Henry Kravis owns a 26-room apartment at 625 Park Ave. that he bought for $15 million in 1994.
This apartment has a gallery, ballroom, dining room, and recreation room, and he spent an additional $7 million on decorating and furnishings.
The estimated value of his apartment is $90 million.
26-Room Park Ave. Home
Henry Kravis' 26-room Park Ave. home is a stunning apartment located at 625 Park Ave. It houses a gallery, ballroom, dining room, and recreation room.
The apartment was purchased by Henry Kravis in 1994 for $15 million from Iranian Princess Ashraf Pahlavi. He then spent another $7 million on decorating and furnishings.
The estimated value of this property is $90 million.
Additional reading: Henry Kravis Net Worth
Buys Lakefront Parcel on Cherry Lane for $9.2M
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Henry Kravis recently made a significant investment in a lakefront parcel on Cherry Lane for a whopping $9.2 million.
Kravis' real estate portfolio is quite extensive, and this purchase is just one example of his savvy business decisions.
Sources
- https://www.urbansplatter.com/2023/11/henry-kravis-house-the-southampton-mansion/
- https://www.dailymail.co.uk/news/article-6605839/Billionaire-lists-luxurious-Colorado-ranch-46-million-complete-private-trout-fishing.html
- https://www.nestseekers.com/Company/Press/the-most-expensive-homes-in-finance-ranked-3
- https://landreport.com/2020-ranchland-deal-of-the-year
- https://www.corcoran.com/nyc/press-mention/display/13909
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