Tuesday, 26 July 2016
Last updated 1 hour ago
Feb 28 2014 | 9:19am ET
Quantek Frontier’s Alberto Franco is on the move.
Franco and his wife—a real-estate agent—have put their Florida home on the market. The beachfront mansion was originally listed for $12 million in October, but Rossana Franco recently boosted the price to just under $13 million, citing strengthening in the local market.
The Francos paid only $3.4 million for the glass-clad home in 2006. The 8,960 square-foot residence has six bedrooms and nine bathroom—as well as 100 feet of waterfront and a private, oversized dock.
Alberto Franco, an emerging markets specialist, told The Wall Street Journal that he will miss “the overall feeling of being indoors, and yet feeling like you’re enjoying what Florida has to offer.”