Related Group Buys Waterfront West Palm Beach Estate

Related chairman and CEO Jorge Pérez in front of 4906 North Flagler Drive (Related, Getty Images, Zillow) Wolf Von Falkenburg, the widower of a Sta...

July 29, 2022
6:10 AM

Related chairman and CEO Jorge Pérez in front of 4906 North Flagler Drive (Related, Getty Images, Zillow) Wolf Von Falkenburg, the widower of a Standard Oil heiress, sold a waterfront West Palm Beach estate to an affiliate of Related Group for $16 million. Property records show Von Falkenburg sold the property at 4906 North Flagler Drive to a Florida entity named after the address and registered to PRH Investments LLC, an affiliate of Miami-based Related. The entity is led by Related Chairman and CEO Jorge Pérez, with an address at Related's Coconut Grove headquarters, according to corporate records.

Kate Hinsche