• BGI Capital completes $41M West Palm Beach dev site acquisition,Kate Hinsche

    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

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  • Griffis, MAP scoop up South Florida apartment properties – one trading at a discount,Lidia Dinkova

    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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  • Claudio Fischer’s Brickell site scores $65M loan, but it’s under contract to sell,Francisco Alvarado

    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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