Real Estate Rumors: Trinsic, Savanna, Related Group

Law360 (July 15, 2020, 8:29 PM EDT) -- Trinsic Residential Group is hoping to rezone a Delray Beach, Florida, property to make way for an apartment complex project, the South Florida Business Journal reported on Wednesday. The developer is hoping to build 292 apartment units at a 12.2-acre site at West Atlantic Avenue and North Congress Avenue, where multiple small warehouses currently sit, according to the report.

Real estate firm Savanna has wrapped up its $435 million purchase of a property on Broadway in New York City, Commercial Observer reported on Tuesday, citing sources with knowledge of the matter. The deal is for 1375 Broadway, a 27-story office tower, and...

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