Sales

60 Percent of Tao Condo In Sunrise Sold

While a residential condo deal is not something I would normally report on, the Tao Condo sale represents a variety of positive economic indicators, specifically for the South Florida market. Large multi-family distressed fracture condo deals are a sign that the bottom has been reached and investors are taking advantage of the opportunity. Read the full story by clicking on the headline and let me know your thoughts.

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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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