Financial services firm CEO gets Fort Lauderdale condo

Medium 5c72a5a0ef5dec64db66c0f19c0c80c4 Agustin J. Carcoba and Karla V. Carcoba bought a three-bedroom, four-bath condo at 4240 Galt Ocean Drive in Fort Lauderdale from Marrocco Investments LLC for $950,000 on Nov. 26.

The 2,823-square-foot Unit 1204 is part of the L'Ambiance Beach condominium, which was built in Barrier Island in 2004.

Agustin Carcoba is the president and CEO of GE Capital Franchise Finance. He previously served as president of the Latin America unit of GE Capital. Prior to that, he served as the company's Latin America equipment finance leader. He has also served as the global operations and six sigma leader for GE Equity.

He received his B.S. in mechanical engineering from the Monterrey Institute of Technology and Higher Education and his M.B.A. from the PanAmerican Institute for High Business Direction.

According to BlockShopper.com, there have been 1,908 condo sales in Fort Lauderdale during the past 12 months, with a median sales price of $182,000.

Address: 4240 Galt Ocean Drive, Unit: 1204
Buyer(s): Agustin J Carcoba and Karla V Carcoba
Seller(s): Marrocco Investments Llc
Sale date: Nov. 26, 2012

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