Woolbright Development continues to unload properties at a discount with the latest sale of two Palm Beach County shopping centers to a Hallandale Beach investor for $19.5 million. Woolbright sold the Shops at Boca Grove in Boca Raton and Riverwalk Plaza in Boynton Beach in separate transactions, according to Palm Beach County records. The buyers
Woolbright Sells Two Shopping Centers For $19.5M Read More »
Toll Brothers Inc., the largest U.S. luxury-home builder, and Deutsche Bank AG bought non-performing real estate loans with a face value of about $200 million, the companies said in a statement today. The portfolio, purchased from an unnamed financial institution, consists of 83 loans that are mainly for the acquisition, development and construction of residential
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A private equity fund has taken title to 175 unsold condominiums at Related Group-developed Trump Hollywood in an online foreclosure auction. BH III, a Hollywood-based entity, won the Broward Circuit Court auction with a $100 bid on Thursday. BH, which is managed by GMC Mortgage Capital director Gregory Freedman, Daniel Lebensohn and Charles Phelan, paid
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