Boca Raton's Mizner Park could sell back to firm tied to its builder [Yahoo! Finance]
Brookfield Asset Management Inc Class A Limited Voting Shares (BAM)
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Source: Yahoo! Finance
CP Group, former known as Crocker Partners, is negotiating to purchase the 30-acre complex, Angelo Bianco, managing partner, confirmed. Bianco did not disclose a price. Crocker Partners was started by developer Tom Crocker, who built Mizner Park in 1991. In an April 14 interview, Bianco said CP Group hopes to complete a purchase of the 35-year-old complex to "give it the attention it deserves so it can once again be a beacon of the community." Bianco said if the sale is completed, CP Group would embark on a multi-million dollar refresh of the property. This includes a renovation of the common areas, which Bianco said are worn and dated. How that redo would look will be up to the community, which Bianco said will be invited to join in public town halls. "It's in my best interest to make everyone excited to come back," he said. Mizner Park in Boca Raton, Fla. In addition to sprucing up the exteriors, Bianco said CP Group also wants to take a more thoughtful approach to th
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