Real Estate Rumors: Stateside, Silverstein, Sunview Medical
Law360 (October 21, 2020, 5:29 PM EDT) -- A venture of Stateside Capital Group and Rosemurgy Properties has offered to buy a Lake Worth Beach, Florida, development site from the Lake Worth Beach Community Redevelopment Agency for $2.8 million, the South Florida Business Journal reported on Wednesday. The venture is seeking to purchase a 1.67-acre site on Lake Avenue and is hoping to build a five-story project there with 14,000 square feet of retail space and 122 apartments, according to the report.
Silverstein Properties has landed $165 million in commercial mortgage-backed securities financing from JP Morgan Chase and Citigroup for an office tower on Wall Street in Manhattan, Commercial...
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