“The GMEN Revocable Trust” buys 9,365 square foot Safety Harbor, Florida home.
A gated waterfront estate in Safety Harbor, Florida that hit the market last October was snapped up this past January by Michigan's Per Wickstrom for $6.9 million, making it the most expensive home in Pinellas County.
And here's something interesting: along with an undisclosed down payment, publicly available documents reveal Wickstrom cobbled together financing with a $4.0 million 30-year mortgage from a Florida bank, along with a $1.5 million “balloon mortgage” from the home's sellers.
Also interesting is the fact Wickstrom's plush Florida pad is managed by his newly-formed Michigan LLC, Truman Management Company, LLC. Truman is the trustee of “The GMEN Revocable Trust”, and the home's owner. Additionally, Wickstrom recently changed the ownership on both a Torch Lake, Michigan home and a Pennfield Township home to “The GMEN Revocable Trust”.
Wickstrom, a self-proclaimed Scientologist who formerly ran Battle Creek, Michigan's Narconon Stone Hawk, has plowed millions into residential real estate within the last few years. (Wickstrom's A Forever Recovery facility now occupies the former Stone Hawk site.)
The homes, including the gated, waterfront Safety Harbor home shown above (described in its original listing as a “masterpiece of contemporary architecture on one of the largest parcels available today on Tampa Bay”) are miles away from the grittier locales, like Manistee, Michigan, that are home to Wickstrom's drug rehabilitation facilities.
“The GMEN Revocable Trust”?
Are the feds finally on his tail, or what?