
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

Claudio Fischer’s Brickell site scores $65M loan, but it’s under contract to sell
Chilean developer Claudio Fischer secured a $65 million loan tied to a prime development site in Miami’s Brickell neighborhood, Banco Santander provided the financing, which is secured by a 1-acre assemblage at 68, 82 and 84 Southwest 13th Street and 1399 Southwest First Avenue, records show. The s
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