Hyperion scores more public subsidies for delayed Boynton Beach project
Hyperion Group won increased incentives for its delayed Boynton Beach multifamily project in a deal presumed to be the local Community Redevelopment Agency’s biggest-ever tax increment financing agreement. This week, the Boynton Beach CRA approved a bump to $11.5 million from $9 million for the proj
BGI Capital completes $41M West Palm Beach dev site acquisition
Developer BGI Capital completed a $40.9 million acquisition of a development site adjacent to its nearly completed waterfront West Palm Beach condo tower, Alba Palm Beach. Records show the Miami-based developer, led by Kenneth Baboun and Robert Barthelmess, bought the properties at 4720, 4802 and 48
Griffis, MAP scoop up South Florida apartment properties – one trading at a discount
A Pompano Beach apartment building traded for $41 million, marking a slight discount from its price four years ago, while a Boca Raton rental complex sold for $30 million. Greenwood Village, Colorado-based Griffis Residential bought the eight-story, 144-unit building at 275 North Federal Highway in
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