Billionaire Nelson Peltz Mortgages Monster Mansion

From: South Florida Business Journal 

Billionaire Nelson Peltz, who owns one of the most expensive mansions in Palm Beach, signed a $23 million mortgage with Bank of America to help his estate grow even larger.

The bank (NYSE: BAC) granted the 30-year loan to Peltz and wife Claudia Peltz for their oceanfront spread at 542 and 548 North County Road. Bank of America also extended a previous mortgages of $31.1 million and $38.1 million on their…… read more here