A financial executive bought a home in North Palm Beach for $5 million.
Robert Leary Jr. and his wife, Nora, bought the 4,216-square-foot house in the Lost Tree Village gated golf community, records show. They bought the house at 980 East End in an off-market deal.
The sellers, Peter D. and Anne M. McLeod, paid $1.2 million for the property in 2011 and built the house in 2015, according to records. The house has three bedrooms, four bathrooms and a half-bath.
Robert Leary is a senior partner at The Council consulting firm in New York. He was previously a top executive at the Teachers Insurance and Annuity Association of America — a Fortune 100 organization better known as TIAA that invests and insures education, medicine and research efforts. He was also an executive at its asset management business, Nuveen. He previously held senior roles at J.P. Morgan & Co., AIG and ING, according to his LinkedIn.
Nora Leary serves as a trustee of Colgate University and previously chaired the Children’s Brain Tumor Foundation.
Lost Tree Village, founded in 1961 in North Palm Beach, is a private 450-acre gated community of 524 residences, according to its website.
Other homes that recently sold in the upscale neighborhood include a waterfront estate in March for $16.8 million to the co-founder of private equity firm Bain Capital and a condo for $7.4 million in April to the former chairman of Stanley Black & Decker and the CEO of a major steel company.
In 2018, the managing director at private equity firm Thomas H. Lee Partners and his wife, Jeanne, paid $7.25 million for a home at 12087 Turtle Beach Road in Lost Tree Village.