US EditionAged care mogul’s son Stephen Arvanitis sells Toorak mansion for nearly $31 million
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Aged care mogul’s son Stephen Arvanitis sells Toorak mansion for nearly $31 million
Stephen Arvanitis, son of aged care mogul Peter Arvanitis, has sold his Toorak mansion for approximately $29 million to $31 million—just a year and a half after acquiring it, according to realestate.com His father, Peter Arvanitis, founded the aged care company Estia Health, which was valued at $725 million in 2014. The company was later listed on the Australian Securities Exchange before being privately acquired by Bain Capital for $551.3 milli…
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