Centaur sells Panther National for $191M in South Florida’s biggest golf course trade this year
Centaur Holdings sold its Panther National golf course in Palm Beach Gardens for $191.2 million in one of South Florida’s largest golf course sales in recent years. An affiliate of the Switzerland-based investment holding company sold the 392-acre property at 10391 Panther National Boulevard to an entity linked to Texas-based Ohana Real Estate Investors, the South Florida Business Journal reported. The sale equates to $488,000 per acre. JPMorgan Chase Bank provided a $115 million mortgage. The deal includes the 18-hole championship course, a nine-hole par-three course and about 150 unsold home lots in the 218-unit Panther Community, where home prices […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131