West Palm Beach Developer Buys Lot, Apartments on Way
Estate Cos. bought a lot in West Palm Beach and plans to build the second phase of a two-phase apartment project. The S. Floirda Business Journal reports the company paid $13 million for a 1.19-acre lot at 411 West Railroad. The seller was Sunview Cos. Banesco USA provided an…
Estate Cos. bought a lot in West Palm Beach and plans to build the second phase of a two-phase apartment project. The S. Floirda Business Journal reports the company paid $13 million for a 1.19-acre lot at 411 West Railroad. The seller was Sunview Cos. Banesco USA provided an…
BELLINGS Intelligence Score: 8
Why it matters
This is a routine real estate development transaction involving a $13 million lot purchase for an apartment project, with no novel financing structure or broader market impact.