Russell and Marisa Galbut’s GFO lands $54M loan to build Miami Beach Whole Foods

by Francisco Alvarado

Russell and Marisa Galbut’s GFO Investments scored a $54 million construction loan to build a new Whole Foods-anchored retail building in Miami Beach.  Miami-based Ocean Bank provided the financing, records and real estate database Vizzda show. An affiliate of Miami-based GFO paid $15 million for the redevelopment site at 1901 Alton Road. The developer plans […]This article originally appeared on The Real Deal. Click here to read the full story.

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