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Pinnacle Bank buys back Fort Worth office tower for $12 per sf Pinnacle Bank buys back Fort Worth office tower for $12 per sf "Financially devastating": Receiver takes over embattled Pembroke Pines condo complex"Financially devastating": Receiver takes over embattled Pembroke Pines condo complex“Multifamily is in the crosshairs”: Execs talk distress, opportunities at Milken conference“Multifamily is in the crosshairs”: Execs talk distress, opportunities at Milken conferenceMetLife looks to offload mostly vacant West Loop office building MetLife looks to offload mostly vacant West Loop office building 
South Florida

Developer has Palm Beach plans

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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.