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PEBB Enterprises and Banyan Development Acquire Significant Portfolio at the Research Park at Florida Atlantic University® - Vimarsana News

PEBB Enterprises and Banyan Development Acquire Significant Portfolio at the Research Park at Florida Atlantic University®

PEBB Enterprises and joint venture partner Banyan Development closed another major office acquisition in the companies’ home base of Boca Raton. The venture paid $37.5 million for a long-term ground leasehold interest position in the Research Park at Florida Atlantic University®, consisting of a portfolio of seven multi-tenant office buildings...

A developer sued Boca Raton for $137 million. The city won. Here's what it could mean for the future. - South Florida Sun Sentinel - Vimarsana News

A developer sued Boca Raton for $137 million. The city won. Here's what it could mean for the future. - South Florida Sun Sentinel

The city of Boca Raton ultimately prevailed in a $137 million legal battle, helping illustrate how local governments have latitude to decide whether new massive communities are built.