Russell Galbut’s family office, partners buy Galleria Fort Lauderdale
Russell Galbut’s GFO Investments teamed up with InSite Group, Atlas Hill Real Estate and Prime Finance to buy Galleria Fort Lauderdale, sources told The Real Deal. The partnership closed on the 800,000-square-foot indoor mall at 2414 East Sunrise Boulevard, according to sources familiar with the transaction. The buyers plan on redeveloping Galleria Fort Lauderdale with detailed plans to be unveiled in the combining months, a press release states.  Galbut called the property “an incredible site” that’s two blocks from the ocean.  “A transaction like this comes about once in a lifetime,” he told TRD. “We’re going to reinvent the mall and […]This article originally appeared on The Real Deal. Click here to read the full story.
  Categories
Recent Posts

Affordability for first-time homebuyers: Beyond rates and prices
 
Zillow focuses on consumers, agents to fuel future growth
 
Rocket’s integrations of Redfin, Mr. Cooper lift Q3 results above forecasts
 
Hotel investor, spec home developer gunning for two Miami Beach city commission seats
 
HGTV Star Christina Haack’s $12 Million California Home Is Toilet-Papered in Halloween Prank
 
The Rise of the Everyday Elevator in Homes
 
Debate heats up around GSEs’ potentially larger role as MBS buyers
 
King Charles Officially Strips Andrew of ‘Prince’ Title and Terminates His Lease at Royal Lodge: Disgraced Royal To Move to Sandringham
 
Mortgage Rates Set To Rise After Fed Chair’s ‘Surprising’ Comment About a December Cut
 
Bal Harbour joins lawsuit challenging Florida bill that restricts local control over planning, land use 
 GET MORE INFORMATION

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