Highland Beach
REAL ESTATE
Buyers sue to recoup Mandarin Oriental deposit on unfinished Boca Raton condo
The prominent Mandarin Oriental hotel and condo in downtown Boca Raton began construction five years ago but still remains mostly two concrete shells, creating an eyesore in the city center. Palm Beach Post. A Highland Beach couple is suing an affiliate of Boca Raton-based Penn Florida Cos. in a bid...
Seaside Builders Proposes ‘The Tropics of Delray’ for 2400 and 2410 N. Federal Highway, Delray Beach, FL
Locally based Seaside Builders has proposed a high-end housing development in Delray Beach. The Tropics of Delray would offer a total of 34 units: 16 condos in a four-story building and 18 townhomes divided between three six-story buildings. According to the South Florida Business Journal, the condos would measure 2,405...
13th Floor Homes Purchases 270 Acres to Construct 335 Single-Family Homes in Broward
13th Floor Homes, the homebuilding division of 13th Floor Investments based in Miami, recently acquired around 270 acres of land in Tamarac to develop The Woodlands, a gated luxury residential community at 4600 Woodlands Blvd. The community will feature 335 single-family homes. The first homes in the community are set to be completed and delivered by late 2025.
The Milestone Group Completes Acquisition of 488-Unit Axis Delray Beach Garden-Style Apartment Community in Florida Market
DELRAY BEACH, FL - The Milestone Group announced its acquisition of the Axis Delray Beach Apartments, a 488-unit, garden-style multifamily community located at 1495 Spring Harbor Drive in Delray Beach, FL. The purchase price was not disclosed. "The acquisition of Axis Delray Beach compliments Milestone's current portfolio, and our team...
Parkland’s Heron Bay Golf Clubhouse Property Being Marketed to Developers
Parkland commissioners have hired Colliers International to market a city-owned portion of the Heron Bay Clubhouse property to developers, according to city records. As part of a broker services agreement, approved unanimously at the July 10 commission meeting, Colliers will create an offering memorandum for commercial developers interested in purchasing the 9.3-acre parcel at 11801 Heron Bay Blvd. for construction and operation.
Kayne Anderson Real Estate Appoints Lee Levy as Senior Managing Director, Head of Real Estate Debt
BOCA RATON, Fla. — Kayne Anderson Real Estate has hired Lee Levy as a senior managing director and head of real estate debt. Based in Boca Raton, Kayne Anderson is an investment firm across multiple property types, including seniors housing. Levy will serve alongside CEO Al Rabil and CIO...
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