South Florida’s top deals: Griffis Residential scoops up West Palm Beach apartment complex for $79M
🏆 Residential: Boca Raton had the top home sale to hit records in the tri-county region, with the sale of a waterfront home at 1957 Southeast 21st Avenue for $10.7 million. The 6,600-square-foot home last traded in 2022 for $3.9 million. The seller was an LLC tied to real estate developer Costas Re
Alexander family faces two foreclosure suits over Miami Beach homes
The Alexander family is facing foreclosure suits from City National Bank over loans tied to two waterfront Miami Beach homes. The Miami-based bank filed the complaints in January ahead of Oren, Alon and Tal Alexander’s federal sex trafficking trial. The three brothers were found guilty by a jury of
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
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