West Palm Beach Developer Buys Lot, Apartments on Way
Estate Cos. bought a lot in West Palm Beach and plans to build the second phase of a two-phase apartment project. The S. Floirda Business Journal reports the company paid $13 million for a 1.19-acre l
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Connect CRE reports that Estate Cos. has acquired a 1.19-acre lot at 411 West Railroad in West Palm Beach for $13 million, with financing from Banesco USA in the form of an $8.45 million mortgage. The seller, Sunview Cos., has now handed over the parcel that will host the second phase of a two-phase apartment development. No timeline or unit count was disclosed in the filing.
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Source: Connect CRE, “West Palm Beach Developer Buys Lot, Apartments on Way”. Read the original →
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