Sean Conlon secures financing on West Palm property after Chicago foreclosure on personal guarantee 

Real estate investor Sean Conlon refinanced his historic West Palm Beach property shortly after he was ordered to pay more than $10 million in a Chicago foreclosure judgement. The merchant bank founder and CNBC personality secured a $13.8 million loan on his 38-unit apartment property at 206 Clematis Street through lender BDIM Capital Management. He paid $18 million for the property in 2022. The six-story, 1920s building has 5,000 square feet of ground-floor retail and sits on 0.19 acres on one of downtown West Palm’s best-known shop and restaurant corridors. Conlon has operated the apartments via Airbnb. Once the site […]

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