Inside Steve Ross’ buyout of a West Palm Beach waterfront condo
Before Steve Ross set his sights on a 1980s waterfront condo in West Palm Beach, Joey Columbo was picking up units in the building with the foresight that a developer would soon come knocking on doors with a buyout offer. Columbo, a Palm Beach-based investor and broker, identified Southbridge Condominium, a three-story complex at 3915 South Flagler Drive, as a future teardown redevelopment site along West Palm Beach’s coast. Between 2021 and 2023, he acquired eight units for a combined $1.6 million, records show. During the same period, he joined four other partners to buy 19 more units for a […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
North Palm Beach town center redevelopment tied up in lawsuits
Michael Stern sells interest in Miami Beach condos to majority owner Activate Hospitality
SJC sells Whole Foods complex for $83M amid investor appetite for grocery-anchored real estate
Prominent trial attorney finds buyer for waterfront Boca mansion once owned by Sheetz magnate
South Florida’s top deals: OKO, Cain sell Una Brickell penthouse for $18M
Advertising Real Estate-Related Products and Services
FCC Update on Drones with LiDAR Obstacle Avoidance
Appeals Court Quashes Homie Appeal, Delivers NAR VictoryAppeals Court Quashes Homie Appeal, Delivers NAR Victory
RE Q&A: Should I Add My Daughter’s Name to My House Deed to Avoid Probate Costs?
Solar Panels – Questions to Ask Before Contract
