Multifamily bargain: IMC Equity scoops up Princeton complex at 24% discount
IMC Equity Group bought a Princeton apartment complex for nearly 24 percent less than its sale price four years ago, as the investment firm capitalizes on distress in South Florida. North Miami-based IMC Equity, led by Yoram Izhak, bought the 204-unit garden-style Pine Groves at 24101 South Dixie H
Immocorp makes $202M buyout offer for condo building overlooking Mar-a-Lago
A $202 million condo buyout offer is calling to the owners of a West Palm Beach building recently saddled with overwhelming costs, including a $12 million special assessment. Immocorp Capital’s offer breaks down to an average of $1.4 million per unit to the ownership of South Portofino Condominium,
Activate sells West Palm Beach Marriott for $24M amid strong hotel market
Activate Hospitality offloaded a West Palm Beach hotel less than two years after renovating and rebranding it. The Miami-based firm sold the 11-story, 200-key Delta Hotels by Marriott West Palm Beach for $23.8 million to an affiliate of Toronto-based Palm Holdings, led by Sheetal Kapoor, records and
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