JMH Development Outbid Finvarb, Galbut For South Of Fifth Property Owned By Plaza Health

Robert Finvarb had joined Jared Galbut and Keith Menin in an attempt to buy the nursing facility at 320 Collins Avenue where a luxury condo is now planned, according to a report on floridabulldog.com.

Dozens of sealed bids came in for the property. It was ultimately sold to JMH Development, which plans to build the condo project.

The Floridabulldog report states that Plaza Health Network was on the verge of selling to the Finvarb partnership before JMH threatened legal action over ‘self dealing.’