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Real Estate Rumors: Walter DeFortuna, TIAA, Wells Fargo

By Andrew McIntyre (July 25, 2017, 2:20 PM EDT) -- A firm led by Fortune International Realty Chairman Walter DeFortuna has dropped $18 million on two apartment buildings in Bal Harbour, Florida, the South Florida Business Journal reported on Tuesday. DeFortuna's Beach Haus Bal Harbour bought the properties, located at 10250 Collins Ave. and 291 Bal Bay Drive, from Bal Harbour Quarzo, the journal said. The buildings have a combined 67 units, and last traded hands in 2007 for a combined $15.75 million, according to the report....

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