Wells Fargo Bank unloaded the retail portion of a repossessed mixed-use building in Boynton Beach for $18.2 million.
The bank seized 63 office and retail condos in the two Renaissance Commons buildings in 2013 after foreclosing on the $47.2 million mortgage of Boynton Development Associates II. That gave it ownership of 122,338 square feet at 1880 N. Congress Ave. and 109,000 square feet at 1500 W. Gateway Blvd.
Wells Fargo Bank affiliate Redus One LLC recently sold the 17 retail condo units on… …read more
From:: biz journal foreclosures