Renovated Lake Forest Jerome Cerny Design Sells For $3.2 Million

LAKE FOREST, IL — An east Lake Forest home designed by a prominent local architect and renovated by its interior designer owner sold last week for more than twice its purchase price from less than four years earlier.



a large brick building with grass in front of a house: Records show a Crab Tree Lane home purchased in March 2017 for $1.5 million sold Friday for more than $3.15 million.


© Realtor.com
Records show a Crab Tree Lane home purchased in March 2017 for $1.5 million sold Friday for more than $3.15 million.

Located on a 1.85-acre parcel east of Sheridan Road, the five-bedroom brick and cedar home was designed by Jerome Cerny and built in 1962, according to its listing.

The Crab Tree Lane property was purchased for $1.5 million in March 2017 by Patrick and Megan Winters, an interior designer whose work has been featured in more than a half-dozen publications.

Winters subsequently oversaw a renovation on the home, which saw the interior stripped down to its studs, leaving only a door, window and a staircase, according to a 2019 Luxe magazine feature about the house.

READ MORE: ‘Modern Day Masterpiece’ Listed By Lake Forest Interior Designer



a room filled with furniture and a table: Click on any image for more photosof 545 Crab Tree Lane in Lake Forest, which was sold for $3.155 million Friday. (Realtor.com)


© Provided by Patch
Click on any image for more photosof 545 Crab Tree Lane in Lake Forest, which was sold for $3.155 million Friday. (Realtor.com)

The interior now features “cashmere

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(LCY), Forest Oil Corporation (NYSE:FST) – Hillman Group In Talks With Tilman Fertitta SPAC: Bloomberg

Tilman Fertitta may be targeting a fastener and home improvement company with the third Landcadia Holdings SPAC.

What Happened: Fertitta’s Landcadia Holdings III Inc (NASDAQ: LCY) is in talks to take Hillman Group public, according to Bloomberg.

Hillman makes fasteners and home improvement products. The company supplies products to over 38,000 companies, including top home improvement retailers Home Depot Inc (NYSE: HD) and Lowe’s Companies Inc (NYSE: LOW).

The deal could value Hillman at over $2 billion. Hillman has been owned by private equity company CCMP since 2014, when it was purchased for $1.5 billion from another private equity company.

Related Link: This Small Cap Stock Could Be A Cheaper Way To Play DoorDash, Uber Eats

Why It’s Important: Fertitta has quickly become an experienced name in the SPAC market. Landcadia Holdings’ first SPAC took Waitr Holdings Inc (NASDAQ: WTRH) public in Nov. 2018. The second Fertitta SPAC took Golden Nugget Online Inc (NASDAQ: GNOG) public last month.

Fertitta is also in talks for his restaurant and casino businesses to go public with SPAC Fast Acquisition Corp (NYSE: FST), according to Bloomberg.

Price Action: Shares of Landcadia Holdings III traded higher on the rumor and were halted briefly on

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