arts
Nobu co-founder buys Delray home, developer sells Bear’s Club mansion for $34M
By Katherine Kallergis, Mary Diduch at The Real Deal
· July 18, 2026
· 1 min read
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 Rei
Key takeaway 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.
Why this matters in The Miami
The recent waterfront home sales in Delray Beach and Jupiter reflect the ongoing demand for luxury properties in South Florida. Meir Teper's purchase of a $20 million home in Delray Beach and the sale of a mansion in Jupiter for $33.8 million contribute to a busy summer for high-end real estate in the region. This trend is likely to have a ripple effect on local communities, potentially influencing property values and tax revenues in Miami -Dade County. As the area's affluent population grows, neighborhoods like Miami Beach and Brickell may see increased investment in luxury developments, further solidifying Miami's reputation as a hub for high-end living. The influx of wealthy buyers, including international investors like Teper, also underscores the region's appeal to global business leaders and celebrities, which could have long-term implications for the local economy and cultural landscape.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit The Real Deal . Have a tip or correction? Contact our newsroom .
Category: arts ·
Published: July 18, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
Get more The Miami stories like this
Free weekly briefing covering arts and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? 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 Rei
When was this published? This article was first published on July 18, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Katherine Kallergis, Mary Diduch at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
← Back to all news
More arts →
Today’s briefing
Subscribe to newsletter