# Tara Garlinghouse-Managed Firm Buys $17.2 Million Miami Beach Home

By Sonny Jang

Canonical URL: https://www.tokenpost.com/news/people/47509
Published: 2026-11-03T09:05:14.000Z
Updated: 2026-11-03T09:05:14.000Z
Section: People

> Newhouse Development LLC is identified as the buyer of the four-bedroom property on the Venetian Islands.

Newhouse Development LLC bought a Miami Beach home for $17.2 million, a transaction involving a company managed by Tara Garlinghouse, wife of Ripple CEO Brad Garlinghouse.

The four-bedroom, five-bathroom property is at 11 E. Rivo Alto Drive on the Venetian Islands. The sale took place in October.

The buyer identified in the transaction is Newhouse Development LLC. The available facts do not establish that Brad Garlinghouse bought the property personally or show how the purchase was financed.