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