HOLLYWOOD, FL-The $355-million Trump Hollywood project, being developed along Hollywood beach, was foreclosed and got a new owner within 15 months. BH III LLC and a group of investment funds led by King Street Capital Management have acquired the uber upscale waterfront condo in Hollywood, Florida.
The Trump Hollywood project developed by the Related Group has a 41-story building, which sits on a 5-acre site at 2711 South Ocean Drive has 220 residences. The property was foreclosed when Related hit with financial troubles. For the full story, go to Office & Commercial Real Estate Magazine.
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