Brian Tuttle loses Main Street dev site in $60M bankruptcy sale
After nearly two years of fighting to keep his development site, Brian Tuttle lost the Royal Palm Beach property this week in a $60 million bankruptcy sale. Miami-based Concord Wilshire Capital closed its purchase Wednesday of the 43 acres of land on the southwest corner of U.S. 441 and Southern Boulevard, according to court filings. Bankruptcy Judge Erik Kimball in West Palm Beach ordered that the deal close by Thursday, following a legal skirmish between Concord Wilshire and Tuttle in a case related to the bankruptcy proceeding for the site. The sale marks the end of the legal battle over […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Non-QM is a fit, not a fallout

The return of the specialist: Why a more fragmented mortgage market favors active management

Luxury developers flocked to the 'Hamptons of Hungary' — but some projects are stalling

Mapped: Where Gen Z Is Moving, and Which States They’re Leaving in Droves

Vishal Garg lays out Better 2.0 plan during shareholder call

Seniors aren’t keeping up with their credit card debt. Reverse mortgages can help

NFL Pro Myles Garrett Is Gearing Up for Another Iconic Halloween Display at His New $23 Million Hidden Hills Estate

Timberline Homes buy will push Champion deeper into retail

BH3 joins Design District venture to revive, expand upscale office project

CRMLS went on offense against Compass. Will other MLSs follow?
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
