Palm House Hotel finally sells for $40M

2019/05/17 12:31pm

The Palm House Hotel

The Palm Beach condo-hotel was previously engulfed in one of the biggest EB-5 frauds in South Florida

The saga of one of the most troubled EB-5 projects in South Florida moves to a new chapter.

The Palm House Hotel at 160 Royal Palm Way in Palm Beach finally sold to a U.S. affiliate of the private real estate investment firm London + Regional Properties for $39.6 million.

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