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David Malm

Nantucket Home With Theater, Game Room Sells For Massive Sum Nantucket Home With Theater, Game Room Sells For Massive Sum
Nantucket Home With Theater, Game Room Sells For Massive Sum An investor who sold veteran news anchor Diane Sawyer’s $24 million “Chip Chop” property on Martha’s Vineyard has sold a more expensive property, this time on the island of Nantucket. The luxury estate at 5 Grant Ave. in Nantucket was sold on Jan. 18 under the asking price of $26 million by private-equity investor David Malm after buying it for just under $20 million, according to the Wall Street Journal. Malm told the newspaper that the property was to be turned into a luxury rental spot, but “there is a price for every asset.” Related: Diane Sawyer Sells 'Chip Chop' On Martha's Vin…
Diane Sawyer Sells 'Chip Chop' On Martha's Vineyard For Nearly $24M: Report Diane Sawyer Sells 'Chip Chop' On Martha's Vineyard For Nearly $24M: Report
Diane Sawyer Sells 'Chip Chop' On Martha's Vineyard For Nearly $24M: Report Veteran news anchor Diane Sawyer sold her 20-acre “Chip Chop” on Martha’s Vineyard for just under the asking price to investor David Malm, reports said.  Malm, who spent over $100 million on properties in Martha’s Vineyard and Nantucket over the past few years, paid $23.9 for the 10-bedroom, nine-bathroom estate, Boston.com reported.  The main home at the estate Bob Gothard/ Wallace and Co. Sotheby's International Realty Related: Diane Sawyer Puts Massive Martha's Vineyard Property Up For Sale Sawyer first bought the luxury property for $5.3 million in 1995 with her husband, acclaim…