BHS News

Miami Heat’s Tyler Herro breaks Pinecrest record with $11M home purchase (Josie Wang)

Non-waterfront mansion went for nearly double last year’s sale price

Weeks after dropping a career-high 41 points on the Houston Rockets, Miami Heat guard Tyler Herro just set a record off the court.

Herro paid $10.5 million for a non-waterfront home in Pinecrest, The Real Deal has learned. A company managed by Jeffrey Cahill sold the eight bedroom, eight-and-a-half bathroom mansion off of Southwest 124th Street to a trust managed by Ronald Brown II, property records show. Herro is the owner of the trust, according to a certificate of trust.

The NBA player’s trust financed the purchase with a $7.4 million mortgage from HSBC Bank.

The sale exceeds the $10.3 million Pinecrest record set earlier this month by the sale of 6155 Southwest 106th Street.

Source: https://therealdeal.com/miami/2022/12/30/miami-heats-tyler-herro-breaks-pinecrest-record-with-11m-home-purchase/

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