Investor Pays $19.9 Million for Nantucket Home

David Malm purchased the home overlooking the sound from the estate of late developer Louis Ceruzzi Jr.

Private equity investor David Malm has added another home to his Massachusetts real-estate portfolio, paying $19.9 million for a property on Nantucket, according to Nantucket Land Bank records.

Featured in the Wall Street Journal, Nov. 29, 2022.

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