Hoyer Homes Purchases 65 Acres
Hoyer purchased the land from CRM Florida Properties, LLC, an entity formed by SunTrust Bank, paid $1,575,000 or $7,500 per lot. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
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Jeff Greene Buys 21-Acre Parcel
Aaron Drive Holdings, a company managed by developer and former Florida U.S. Senate candidate Jeff Greene, paid $6.76 million for a 21.49-acre multifamily parcel in West Palm Beach on April 11. The seller of the parcel at 715 Hank Aaron Drive was an affiliate of failed BankFirst of SouthDakota. The bank took title to the
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Sale Of 53 Acres In Miami-Dade
CIG International, a subsidiary of Capital Source Bank, hired me to provide a broker’s price opinion when it took over the 53 acres from Miami developer RL Homes through foreclosure in June 2010. While trying to assess the value of the land, I contacted Hoyer Investment, a real estate fund backed by European investors. Hoyer indicated
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