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Texas Oil Magnate's Daughter Sells One Aspen Mansion for $60 Million, Buys Another for $51 Million

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From Wallstreet Journal

Texas Oil Magnate's Daughter Sells One Aspen Mansion for $60 Million, Buys Another for $51 Million

By Katherine Clarke
May 26, 2022 4:35 pm ET

Christy Thompson, the daughter of late Texas oil executive J. Cleo Thompson, has sold one Aspen, Colo., mansion for $60 million and is purchasing another for $51 million.

The deals will be some of the most expensive ever recorded in the affluent mountain destination, records show.

Ms. Thompson and her husband, Stephen Hill, who are real-estate investors, have sold a mansion near the center of downtown Aspen in an off-market deal for $60 million. The buyer was Todd Lemkin, chief investment officer at Canyon Partners, the Dallas-based investment firm. Earlier this month, Mr. Lemkin and his wife, Kasey Lemkin, sold a historic home in the center of Aspen for $32.25 million, records show. Mr. Lemkin didn't immediately respond to a request for comment.

Liz Leeds of Slifer, Smith & Frampton and REALM, who represented Ms. Thompson and Mr. Hill, said her clients weren't planning to sell, but got an unsolicited off-market offer they couldn't refuse.

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