From The Real Deal By Dan Weil
Palm Beach County officials are working on bringing hedge funds here from the Northeast, and it’s working, particularly in West Palm Beach and Palm Beach, giving a boost to the Class A office market and the luxury home market.
“Three to four years ago we noticed CEOs from out of state buying second homes here, and a lot were affiliated with wealth management in New York City, Boston and Greenwich, Connecticut,” Kelly Smallridge, president of the county’s Business Development Board told The Real Deal. “But they weren’t setting up business operations.”
So she and her […] Read more