We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Patrick Dovigi sells Aspen dwelling for $55M, turns main revenue
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Real Estate > Patrick Dovigi sells Aspen dwelling for $55M, turns main revenue
Real Estate

Patrick Dovigi sells Aspen dwelling for $55M, turns main revenue

By Editorial Board Published December 6, 2024 3 Min Read
Share
Patrick Dovigi sells Aspen dwelling for M, turns main revenue

Within the spring, he bought one other Aspen mansion for $110 million, making a considerable revenue after buying the property for $72.5 million in 2021. In September, he acquired Jack Nicholson’s former property for $59.75 million in an off-market deal.

Whether or not it’s refining your corporation mannequin, mastering new applied sciences, or discovering methods to capitalize on the following market surge, Inman Join New York will put together you to take daring steps ahead. The Subsequent Chapter is about to start. Be a part of it. Be part of us and hundreds of actual property leaders Jan. 22-24, 2025.

Patrick Dovigi, former NHL goalie and entrepreneur, has as soon as once more made headlines for a significant actual property transaction in Aspen. In line with The Wall Road Journal, Dovigi lately bought the Colorado mansion he bought in April for $48.75 million, closing the deal at $55 million — turning a $6.25 million revenue.

The property, positioned in downtown Aspen, was not listed available on the market, and the client’s identification stays undisclosed. Riley Warwick of Douglas Elliman brokered either side of the deal.

Dovigi, the founding father of environmental providers firm Inexperienced For Life (GFL) Environmental, bought the 8,000-square-foot property from longtime residents Ken and Sheri Alden Sack. Earlier than promoting, the Sacks renovated the house.

Dovigi made further upgrades after buying the property, together with the addition of an eighth bed room, sources acquainted with the transaction knowledgeable the WSJ.

This sale provides to Dovigi’s spectacular monitor file in Aspen’s luxurious actual property market.

Jack Nicholson (Picture by FocKan/WireImage)

Within the spring, he bought one other Aspen mansion for $110 million, making a considerable revenue after buying the property for $72.5 million in 2021. In September, he acquired Jack Nicholson’s former property for $59.75 million in an off-market deal.

The WSJ reported that Aspen’s actual property market surged through the pandemic, with a lot of transactions exceeding $30 million.

Within the first half of 2024, the market continued its upward pattern, with dwelling gross sales growing 24 p.c in comparison with the identical interval in 2023. Single-family dwelling costs additionally noticed a notable rise, climbing 19 p.c yr over yr.

Electronic mail Richelle Hammiel

TAGGED:55MAspenDovigiHomemajorPatrickprofitsellsTurns
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Do Kwon and US gov’t ask to delay authorized filings for a 3rd time

Do Kwon and US gov’t ask to delay authorized filings for a 3rd time

Crypto & Web 3
July 28, 2025
Turkey wildfires: Not less than 17 killed as 1000’s flee their properties

Turkey wildfires: Not less than 17 killed as 1000’s flee their properties

Wildfires in a number of Turkish areas have claimed at the least 17 lives prior…

July 28, 2025
Invoice that might prohibit Okay-12 cellphone use fails in Michigan Home

Invoice that might prohibit Okay-12 cellphone use fails in Michigan Home

LANSING, Mich. (WLNS) -- A invoice that might prohibit cellphone use for all Okay-12 college…

July 28, 2025
‘Please, don’t resist’: Qubic hash seize worries Monero maxis

‘Please, don’t resist’: Qubic hash seize worries Monero maxis

Self-described “decentralized compute and AI Layer 1 protocol” Qubic has the Monero neighborhood fearful. In…

July 28, 2025
Tide turns as TPG leads talks to steer digital financial institution fundraising

Tide turns as TPG leads talks to steer digital financial institution fundraising

TPG, the American non-public fairness large, is in superior talks to take a stake in…

July 28, 2025

YOU MAY ALSO LIKE

Newest Jim Harbaugh experiment might have a significant influence on Justin Herbert’s season

Bradley Bozeman and Zion Johnson are on the heart of an offensive line experiment the Chargers are conducting in coaching…

Sports
July 28, 2025

Get together turns 'chaotic' after folks hear potential gunshots

LANSING, Mich. (WLNS)-- A big get together turned "chaotic" in Lansing Township simply earlier than 1:30 a.m. on Monday. Authorities…

Michigan
July 28, 2025

Commentary: House once more? Why Kenley Jansen may very well be a very good commerce match for Dodgers

Kenley Jansen signed his first skilled contract with the Dodgers 21 years in the past. He was Clayton Kershaw’s catcher…

Sports
July 26, 2025

Dwelling Workplace threaten asylum seekers with homelessness in the event that they refuse lodge transfer

Asylum seekers danger turning into homeless in the event that they refuse lodging underneath plans to finish using costly resorts.…

Politics
July 25, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?