Griffis drops $79M for West Palm apartments amid lethargic rents, some supply overhang
Griffis Residential paid $78.5 million for a West Palm Beach apartment complex as part of its newly launched multifamily fund, despite lingering challenges facing the South Florida rental market. Suffern, New York-based Castle Lanterra, led by Elie Rieder, sold the eight-story, 263-unit property at
Reuben Brothers eye W South Beach upgrades, including members-only club
Reuben Brothers is looking to upgrade its W South Beach. The London-based investment firm, led by billionaire brothers Simon and David Reuben, is going before the Miami Beach Preservation Board for approval on Tuesday. The planned changes include a members-only social club, a French bakery and a new
Kolter plans 600 homes in Wellington after massive land annexation
The pastoral Palm Beach County town of Wellington is growing by 446 acres in a move that handed the Kolter Group a victory. The village council approved the annexation of Artistry Lakes, a 446-acre agricultural area at 18551 Southern Boulevard, along with zoning that allows a Kolter affiliate to bui
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