Spec home developer Todd Michael Glaser and his partners have closed on the penthouse on top of the Worth Avenue Tiffany & Co. building in Palm Beach for $15.5 million. The residence was delivered as an unfinished shell and the investors plan to complete the residence and list it at potentially $40 million. The penthouse occupies the buildings second floor and rooftop and spans 13,000+/- SF.
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West Palm Beach Condo Development Alba Palm Beach Locks Down $82 Million Construction Loan
Private real estate lender Trez Capital funded an $82 million loan to build Alba Palm Beach, a luxurious waterfront condominium project that will soon rise in West Palm Beach, Florida. The new development is located directly on the west bank of the Intracoastal Waterway in the emerging Northwood neighborhood.
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BGI Companies Launches Sales at Alba Palm Beach
BGI Companies has officially launched sales at Alba Palm Beach, a new waterfront residential condominium development located directly on the Intracoastal Waterway. The development is a collection of 55 luxury residences spread throughout a 22-story tower, plus four two- and three-story townhomes.
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Todd Michael Glaser And Partners Launch One-Of-A-Kind Mega-Mansion 10 Tarpon Island Asking $200 Million
Todd Michael Glaser and his partners have launched a one-of-a-king Palm Beach private island estate asking $200 million.The private island estate is located at 10 Tarpon Island, a small private island at the end of Tarpon Way, also in Palm Beach’s estate section.
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Todd Michael Glaser Sells South Ocean Boulevard Palm Beach Oceanfront Estate For $28.5 Million
Real estate developer Todd Michael Glaser has sold an oceanfront Palm Beach estate for $28.5 million. Located at 870 S Ocean in Palm Beach's coveted Estate Section, the home is currently undergoing renovations which are slated for completion in late 2021.
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Joint Venture Led By Tricera Capital Acquires One Clearlake Centre Office Tower In West Palm Beach For $60.7 Million
A joint venture between Scott Sherman’s Tricera Capital, NDT Development, New England Development and Rockpoint Group have acquired the One Clearlake Centre office tower in West Palm Beach for $60.7 million. The seller was a joint venture between the Dallas-based real estate investment firm Velocis and CREC.
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Related Companies Acquires 50% Interest In Esperanté Corporate Center In West Palm Beach
The NYC-based Related Companies, led by Miami Dolphins owner Stephen Ross, has added to their West Palm Beach office portfolio after partnering into the Esperanté Corporate Center. Related Companies acquired a 50% stake in the office tower from the New York-based RedSky Capital.
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Related Companies Adds To West Palm Beach Office Portfolio With Acquisition of CityPlace Tower For $175 Million
The NYC-based Related Companies, led by Miami Dolphins owner Stephen Ross, has added to their West Palm Beach office portfolio with the acquisition of CityPlace Tower for $174 million, $577 PSF. The seller was the publicly traded W.R. Berkley Corp. (NYSE: WRB).
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Leading New York Insurance Broker NFP Signs Penthouse Office Lease At DiVosta Towers In Palm Beach Gardens
The New York-based leading insurance broker NFP has signed a long-term office lease to occupy the full penthouse floor and half of the 10th floor, totaling 15,010 SF at DiVosta Towers in Palm Beach Gardens. Gardens Wealth Management also signed a long-term lease for half of the sixth floor totaling 5,010 SF.
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Tricera Capital Locks Down $50.8 Million In Construction Financing For Mixed-Use Redevelopment The Press In West Palm Beach
Tricera Capital, led by Scott Sherman and Ben Mandell, have closed on $50.8 million in refinancing and construction financing for their mixed-use office and retail redevelopment The Press, located at 2751 South Dixie Highway in West Palm Beach.
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