V.P. Greg Koenig & Associate Donald Moliver, Ph.D. Arrange Exclusive Sale in Palm Beach County

Woodbridge, N.J., October 5, 2026 — The Kislak Company of Florida, Inc. announced the recent sale of the Covered Bridge Clubhouse, a 10,516-square-foot clubhouse, and 12.12 acres at 7290 Covered Bridge Boulevard in Lake Worth, Palm Beach County, Florida, for $2,414,000.

Kislak marketed the property on an exclusive basis with vice president Greg Koeing and Donald Moliver, Ph.D., an associate with Kislak in New Jersey, handling the assignment on behalf of the seller. They also procured the purchaser. The parties were not disclosed.

Mr. Koenig commented, “This was a unique assignment and sale and I am proud to have partnered with Don Moliver to market and sell the property. Together we overcame several transactional challenges over a lengthy period to facilitate a successful closing for both parties.

Covered Bridge is a 55-and-over condominium community with 960 individually owned units developed in 1971. The developer retained ownership of the 10,516-square-foot clubhouse and 12.12 acres, which are leased to the homeowners’ association. The HOA is responsible for all maintenance and expenses, and approximately 46 years remain on the lease.

The sale included the clubhouse and land together with an assignment of the existing HOA lease.

The clubhouse serves as the recreational and social center of the community and features an extensive collection of amenities, including two heated swimming pools, an exercise room, library and billiards, as well as tennis, pickleball, bocce and shuffleboard courts, walking paths and areas for scheduled community activities.

The property is conveniently located in Lake Worth in Palm Beach County near shopping, dining and the Lake Worth beach and pier, with convenient access to Florida’s Turnpike.

Greg Koenig joined Kislak in 2019 and initially specialized in the sale of multifamily properties in Rockland County, New York. After his first year with the firm, he was awarded its prestigious Rookie of the Year award, which recognizes a newer salesperson who records the greatest achievement during the year. Mr. Koenig subsequently relocated to Miami where, as a vice president, he is leading Kislak’s brokerage team in south Florida with a focus on multifamily sales in Miami-Dade, Broward, and Palm Beach Counties.

Donald Moliver, Ph.D., joined Kislak in 2024 and specializes in commercial leasing and sales throughout New Jersey. Dr. Moliver also has a distinguished career as an appraiser and in academia. He holds a Ph.D. in economics from Virginia Polytechnic Institute and serves as the Pozycki Professor of Economics and Finance at Monmouth University in West Long Branch, New Jersey, where he was also a founder of The Kislak Real Estate Institute.

About Kislak The Kislak Company of Florida, Inc. is the Florida-based brokerage affiliate of The Kislak Company, Inc., which is headquartered in New Jersey, and is a leading commercial real estate brokerage consistently recognized for its investment sales success.

Established in 1906, Kislak’s market leadership position and longevity are due to its ability to offer clients a personalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of professionals. Kislak’s prestigious client base includes individual investors and owners, partnerships, financial institutions, and REITs. The firm’s professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania, Delaware, and Florida.

Now in its 120th year, Kislak was among a select group of firms recognized as a 2025 Power Broker by CoStar Group, Inc. and this was the firm’s 20th consecutive recognition. Kislak was also named by NJBIZ as a 2024 Leader in Real Estate, Construction and Design and this was the firm’s third recent recognition.