Florida
Raleigh-Area BTR Project Bought Before Completion
An under-construction 172-unit Raleigh-area build-to-rent community has been bought by joint venture partners Barings and Foulger Pratt. The partners purchased… Read more
Miami JV Building Lake Worth Beach Mixed-Use Project
Office America Group and Avanti Way Group have broken ground on Deco Green, a 125,000-square-foot, mixed-use community featuring four buildings… Read more
IPA Secures Buyer, Seller and Financing for Melbourne Apartment Deal
Institutional Property Advisors (IPA) secured both the sale and acquisition financing of Caribbean Isle Apartments, a 376-unit multifamily property in Melbourne,… Read more
Walker & Dunlop Expands Affordable Platform with New Hire
Walker & Dunlop is expanding its affordable housing platform by hiring Warren Horvath as a managing director. Horvath, a 20-year… Read more
Thorofare Capital Adds Three Execs Nationwide
Thorofare Capital, Inc., an affiliate of asset management platform Collidine Group, LLC, has added three senior investment professionals to its Charlotte,… Read more
Hines Fund Scores Industrial Assets in NorCal, SoCal
Hines U.S. Property Partners (HUSPP), Hines’ flagship commingled U.S. core plus fund, has closed on four investments totaling approximately $200 million and… Read more
Apartment Rents Decline for Fifth Consecutive Month
The housing market balance continues to tip in favor of renters with rents declining annually for the fifth consecutive month… Read more
Palm Harbor Apartments Acquired for $89M
The 432-unit Boot Ranch Apartments complex in Palm Harbor has sold in an $89 million deal. Chicago-based Providence Real Estate… Read more
Miami Retail Center Fetches $49.2M
A retail center on 17 acres near West Miami was sold for $49.2 million. The 181,000-square-foot center is anchored by… Read more
TA Realty Pays $105M for Cary Apartments
TA Realty has laid out $105 million for a Cary apartment complex. The company spent $329,000 a unit for Novel… Read more
Dominion Gearing Up for 270-Unit Charlotte Apartment Project
Dominion Realty Partners is ready to get moving on the Perimeter Pointe Apartments, a 270-unit project in Charlotte. The developer… Read more
NMHC: Apartment Sales Continue Pulling Back
Apartment market conditions continued to weaken in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for… Read more
Aurora Holiday Inn & Express Suites Trades Hands for $11M
The sale of an 83-room Holiday Inn Express & Suites in Aurora, Illinois, was closed by Marcus & Millichap for… Read more
Citizens Private Bank Launches in New York
Citizens Financial Group, Inc. has rolled out Citizens Private Bank nationally in New York City, marking a significant step in… Read more
It’s Time to Nominate Standout Commercial Real Estate Attorneys
End-of-day on Friday, Oct. 27 is the deadline for submitting nominations for Connect CRE’s fourth annual Lawyers in Real Estate Awards. We believe there are… Read more
REIT Pays $19.5M for Tamarac Self-Storage Facility
Strategic Storage Growth Trust III (SSGT), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage… Read more
Cam Group Buys Aging Coral Gables Office Building
Cam Group paid $18.5 million for an older office building in Coral Gables with plans to redevelop it. The South… Read more
Chicago, Midwest | People & Company News for Oct. 20, 2023
Chicago & Midwest CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that… Read more
13th Floor to Begin Work on Age-Restricted Rentals
Miami-based 13th Floor Homes will soon break ground on an age-restricted rental villa community with the help of a $14.1… Read more