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Nobu co-founder buys Delray home, developer sells Bear’s Club mansion for $34M

Nobu co-founder purchases $20M Delray Beach waterfront home as luxury real estate market heats up

July 18, 2026 · 0 signals

American-Israeli film producer and businessman Meir Teper bought a waterfront home in Delray Beach for $20 million, and a developer sold a mansion in Jupiter for $33.8 million.  Both deals add to an already busy summer for waterfront home sales across South Florida.  Records show Eugene and Judith Reilly sold the 7,800-square-foot house at 1033 Waterway Lane to Teper, who co-founded Nobu Hospitality with chef Nobu Matsuhisa and actor Robert De Niro.  The house has six bedrooms, six and a half bathrooms and sits on a 0.6-acre lot. The Reillys paid $11.4 million for the property in 2021. The house […] This article originally appeared on The Real Deal. Click here to read the full story.

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