Palm Beach Gardens-based developer Kitson & Partners said it’s raised $750 million from Evergreen Real Estate Partners, a Chicago-based private equity investor, and plans to spend more than $1 billion on retail and residential property. Chief executive Syd Kitson says the state’s gloomy economy will persist, but that Florida still offers growth potential. The group is shopping for grocery-anchored retail centers and large tracts of residential land.
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Luxury home builder sells house in
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