From: To: jeevacation(4ginail.coin Subject: another El Brillo sale Date: Fri, 25 Feb 2011 14:02:39 +0000 [..;Click to close image. click and drag to move. Another El Brillo Way house sells, fetching more than $6M Video-game innovator Ryan Brant buys estate By Darrell Hofheinz Daily News Real Estate Writer Updated: 8:4601. Thursday. Feb. 24, 2011 Posted: 8:05 Thursday. Feb. 24, 2011 In a sign the island's higher-end housing market continues to build steam, the Palm Beach County Clerk has been busy of late recording deeds for single-family homes sold at more than $6 million. The latest property to get a new owner is 111 El Brillo Way, a four-bedroom house built in the Estate Section in 1962 that sold for S6.6 million, according to the Feb. 18 warranty deed, recorded Tuesday. El Brillo Way has been a popular site for homebuyers. Last week, a sales deed was recorded for $8.66 million for 130 El Brillo, and earlier this month 300 El Brillo sold for a recorded $9.5 million. The house that just sold is the former home of Kenn Karakul, who bought it for $6 million in March 2007 through a trust named for the property's address and administered by trustee Peter. S. Broberg, an attorney with offices on Peruvian Avenue. The buyer was Palm Beacher and video-game innovator Ryan Brant, the son of longtime islander Peter Brant. Real estate agent Jack Elkins of Engel & Voelkers represented the home's seller, and Paula Wittmann of Fite Shavell & Associates acted on behalf of Brant. Elkins had listed the house at $7.425 million. The price it sold for likely reflects the give and take between sellers and buyers that's taken place in the months since the recession's effects began easing. "In this market, that price is really good." said Elkins, who added that a confidentiality agreement with the parties involved in the sale prohibited him from discussing specific details about the buyers or the transaction. Wittmann said she was bound by the same agreement. B