Frisbie properties portfolio Acquired by CS Ventures | Real Estate Services M&A Deal

CS Ventures has completed the acquisition of the Frisbie properties portfolio, a property management business in Florida, for a $22 million acquisition loan. CS Ventures acquisitions add three Palm Beach commercial assets, including a 20,000-square-foot office and retail building at 180 Royal Palm Way and an 11,300-square-foot retail property at 301 South County Road, plus 44,000 square feet of adjacent parking lots. The Frisbie properties portfolio acquisition expands CS Ventures real estate services deals FL footprint across office, retail, and parking, supporting property management acquisition and ongoing operations in Palm Beach. The platform acquisition is backed by private equity acquisition financing from Ocean Bank and is sized in the $10M–$25M range, with the purchase following withdrawn redevelopment plans for luxury residences on the sites.