$323M West Palm bulk condo buyout jammed, as investor strikes $180M deal nearby

BEKO Equities’ $180 million buyout of a bayfront West Palm Beach condo is a go. But another bulk unit bid of $323.4 million for a bigger building nearby is jammed up by 32 holdouts, the firm says.  The investor is flexible on terms, such as leasebacks, but not on price: the offer is final, BEKO’s O.D. Kobo told The Real Deal.   Yet, some of the holdout owners have asked for millions above the current offer, a request he called “nuts,” saying he will walk away if there’s no deal.  BEKO Equities, an Aventura-based joint venture between Kobo, a South Florida […]

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