Fern Street Development

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Sold – Foxford Communities acquired Fern Street Development, a proposed condominium-conversion in West Palm Beach Fla., in February 2011. The transaction included a historic six-story building that could be converted into 89 loft-style residential units as a well as a parking lot, which could be developed into a 237-unit residential community. Foxford marketed the building and parking lot as a residential development and sold it to a major Palm Beach Gardens development company in August 2012.