Bank sells repossessed office property for $14M

After three years of repossession, the Renaissance Commons office building in Boynton Beach was sold for $13.9 million to IMC Equity Group. The bank seized the office, retail and self-storage space in Renaissance Commons in 2013 after foreclosing on the $47.2 million mortgage of Boynton Development Associates II. In November 2015, Wells Fargo sold the…