KKR and Gulf Bay Group Complete Sale of Mystique at Pelican Bay in Naples, Florida

NEW YORK & NAPLES, Fla.–(BUSINESS WIRE)– KKR and Gulf Bay Group of Companies (“Gulf Bay”) today announced that they have completed the sale of all condominium units in Mystique at Pelican Bay, a trophy luxury residential tower in Naples, Florida, for a combined value of approximately $500 million. KKR and Gulf Bay Group formed a joint venture to acquire and develop the parcel of land in …

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