In 2019, a Michael Dell-backed firm bought the Boca Raton resort for $875 million and later spent about $375 million upgrading it; now 40% of its first 75 luxury condos have been claimed

A $875 million investment in a historic Florida resort is expanding into the luxury residential market, with wealthy buyers showing early interest in its planned condominiums. According to the New York Post, around 40% of the first 75 luxury residences planned at The Boca Raton resort have already been claimed.