Riverstone capital group, inc. acquired forest hill neighborhood shopping center in palm beach county, florida from trinity place holdings inc. (amex:tphs) for $19.6 million.

Riverstone capital group, inc. acquired forest hill neighborhood shopping center in palm beach county, florida from trinity place holdings inc. (amex:tphs) for $19.6 million on november 27, 2019. after repayment of the outstanding mortgage and closing costs, the trinity place holdings received approximately $8.3 million in net proceeds. riverstone capital secured a $13 million, seven-year permanent loan from suntrust bank, inc. (nyse:sti). luis castillo, danny finkle, eric williams and megan fitzpatrick of jll represented the trinity place holdings on this transaction. riverstone capital group, inc. completed the acquisition of forest hill neighborhood shopping center in palm beach county, florida from trinity place holdings inc. (amex:tphs) on november 27, 2019.
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