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MIAMI: Alex Blavatnik buys at Faena House for $11.6 Million

His brother Len Blavatnik is Faena’s partner on the residential tower

faena house aereal from east

 

A company managed by Alex Blavatnik,  brother of billionaire Len Blavatnik, dropped $11.55 million on fifth-floor unit at Faena House, Miami-Dade County records show. Alex Blavatnik,  who recently acquired a 7, 500-square-foot site in North Beach, is executive vice president of Access Industries, the conglomerate that controls Warner Music Group. He’s listed as the manager on the LLC that purchased unit 5A this week,  a 4, 730-square-foot residence.

 

Faena House,   Miami-Dade County

 

Len Blavatnik, who is worth $21.3 billion, founded Access and is Alan Faena’s business partner on the exclusive 18-story tower in Miami Beach. Alex Blavatnik’s unit has least four bedrooms and six bathrooms. It also features a 1, 516-square-foot terrace, according to marketing materials.

Read the full story at The Real Deal, by Katherine Kallergis

 

Faena House,   Miami-Dade County (2)

: Len Blavatnik and Alan Faena attend the Whitewall Magazine Party At Delano Beach Club at Delano Beach Club on December 4,   2012 in Miami Beach,   Florida. Whitewall Magazine Party At Delano Beach Club

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