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BOCA RATON-Locally based Investments Limited paid Crow Holdings of Boca Raton $9.7 million for the four-year-old, 69-unit San Marino at Town Place. The per-unit price is believed to be one of the highest recorded for a Palm Beach county multifamily product.
MIAMI-Only a handful of publicly traded companies in the tri-county area posted gains Monday as the Dow Jones Industrial Average falls 684.71 points on the first day of trading since the terrorist attacks on America.
WEST PALM BEACH, FL-The Charleston, SC-based real estate investment trust sold the local 18-hole golf course to Emerald Dunes Golf Group, an affiliate of an existing lessee.
HOMESTEAD, FL-The Coral Gables, FL-based development company has secured contracts on 393 acres in this community 27 miles south of Miami and is proposing a mixed-use residential development with about 2,274 residential units.
MIAMI-Administrative staff urges Miami-Dade County Commission to quickly ratify a Performing Arts Center construction contract with a consortium that includes Odebrecht Construction, Haskell Co. and Ellis Don Construction.
NORTH MIAMI BEACH, FL-Alony-Hetz Properties & Investments Ltd. exercises warrants to purchase 650,000 shares in the locally based real estate investment trust at a price of about $10.88 a share.
BOCA RATON, FL-LenDan Inc. of Palm Beach, FL pays Centrecorp Inc. $21 million for the 122,910-sf, 15-year-old Harbour Financial Center on PGA Boulevard here, about 70 miles north of Downtown Miami.
MIAMI-Cushman & Wakefield of Florida Inc. recruits Jerry Baird, who has handled more than $2 billion in multifamily property sales over the past 10 years, to manage the newly expanded South Florida operations.
FORT LAUDERDALE-The company's construction division will build more than 300,000 sf of new space for automotive sales and service companies at three sites in Broward County and in Central Florida.
BOCA RATION, FL-The New York-based private pension fund is paying General Investment & Development Co. $83,612 per unit for a 958-unit portfolio in Broward and Palm Beach counties.