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The Cirrus Companies Acquires Downtown Delray Beach Development Site, Marking Entry into Supply-Constrained South Florida Submarket
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The Cirrus Companies Acquires Downtown Delray Beach Development Site, Marking Entry into Supply-Constrained South Florida Submarket
The Cirrus Companies (Cirrus), a South Florida-based private equity real estate development firm led by founder and principal Robert B. Cohen II, completed the acquisition of a ground-up residential development site in downtown Delray Beach, Florida. The firm purchased the land at 248 SE First Avenue for $2.2 million and plans to develop three design-forward, for-sale townhomes on the parcel as the first in a deliberate series of projects target…
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