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FORT MYERS, FL-The BF Group, based in Miami, purchased the Majorca Apartments here from International Capital Corp. of Chicago for about $100,806 per unit. The new owner is planning to convert the five-year-old property into condos in its first conversion in the area.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
June 12, 2025
Shopping center properties have an attractive supply-demand imbalance that is helping to stave off negative effects from economic uncertainty.
June 12, 2025
In 2024, 10.8% of sellers of single-family residential properties were investors.
June 12, 2025
After growing nearly 5% in April, office visits fell 1% in May.
