Penn-Florida Sells ALF Boca Raton Dev Site to SobelCo

Penn-Florida Sells ALF Boca Raton Dev Site to SobelCo

Facing foreclosure on its development site in Boca Raton, Penn-Florida Companies sold the 1-acre lot previously planned for an assisted living facility for $27 million.  Led by Mark Gensheimer, Penn-Florida sold the vacant property at 375 East Royal Palm Road to Boca Raton-based SobelCo, according to records and real estate database Vizzda. SobelCo, a real … Read more

Terra, Frisbie Scale Back Controversial One Boca Project

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Terra and Frisbie Group presented a scaled back plan for their proposed One Boca megaproject in Boca Raton, slashing the housing and office components in the development. It marks the latest iteration of the developers’ February plan to redevelop Boca Raton’s city government campus at 201 West Palmetto Park Road. The new proposal calls for … Read more