Financially battered WCI Communities has sold its Pompano Beach Oceanside property, including a 17-story luxury condominium, for $38.5 million, the company announced yesterday. The buyers were Ari Pearl, a Hollywood developer, and his investment partner the Chetrit Group, who will also get an adjacent oceanfront plot of land. Cushman & Wakefield’s condominium specialist team handled the sale. TRD
WCI unloads Pompano Beach property
December 02, 2009 12:36PM
March 30, 2010 at 8:19 am, Anonymous said:
Ari Pearl and Chetrit are bankrupt and in default. This project will fail as did all of their other Florida and New York projects. Do not buy these condos or you will have problems!