Taking a break from doctoring sick babies and administering anesthesia, Mednax jumped into the distressed real estate market by purchasing a Sunrise office building in a short sale for a 30 percent discount on its mortgage. TMW Weltfonds 1500 Concord Terrace, an affiliate of Prudential Real Estate Advisors and TMW Property Funds, sold the 188,746-square-foot […]
Sunrise Office Building Sells For 30% Off In Short Sale Read More »
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 »
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
Private Equity Fund Wins Bid For Unsold Units At Trump Hollywood Read More »
