Florida
One Stop Housing Acquires $7M Orlando Hotel for Transition to Low-Income Housing
Sarasota, FL-based One Stop Housing has completed its $7.1-million acquisition of the Ambassador Hotel in Orlando, FL with intentions of… Read more
JLL Names Vincent Mason as VP and Head of South Florida’s PDS Group
JLL has appointed Vincent Mason as VP and South Florida market lead for the company’s PDS group, the service line… Read more
Property Tax Incentive Forwards Related Group’s $180M Mixed-Use in Atlanta
Miami, FL-based Related Group’s mixed-use development Manor Druid Hills has been approved by the Decide DeKalb Board of Directors for… Read more
Conway Commercial Real Estate Collects $13M for Parcel in Miami’s Little River Neighborhood
Conway Commercial Real Estate has sold 2.2 acres in the Little River neighborhood of Miami, FL for $13.2 million. Alfredo… Read more
Six Fast-Growing Cities with Fast-Growing Retail
More than two years after the first COVID-induced lockdowns, occupancy of new retail assets is now at an all-time high,… Read more
Ginormous Leap in Food Deliveries Prompts Bell Partners to Install Smart Pickup Pods
Greensboro, NC-based Bell Partners, Inc., and Minnow Technologies, Inc., have agreed to deploy Minnow’s smart-food delivery management amenity in select… Read more
The RADCO Companies Picks Up Courtyard by Marriott St. Petersburg Downtown for $29M
Atlanta, GA-based The RADCO Companies has purchased Courtyard by Marriott St. Petersburg Downtown, a 128-key hotel located at 300 4th… Read more
Easterly Government Properties Nears Full Disposition of 10-Property Portfolio for $205M
Washington, DC-based Easterly Government Properties, Inc. — a real estate investment trust focused primarily on the acquisition, development and management… Read more
Taurus Investment Holdings, Aegon Asset Management Finalize $86M Recap of Multifams Targeted for ESG Retrofit
Boston, MA-based Taurus Investment Holdings and Aegon Asset Management have completed the recapitalization of two multifamily properties — Lofton Place… Read more
Gencom, Mohari Hospitality Secure $130M via Lotus Capital for Ritz-Carlton in Costa Rica
Lotus Capital Partners, LLC, has arranged and structured a $130 million construction financing package for Nekajui, a Ritz-Carlton Reserve Hotel… Read more
Alliance Residential Company Drops $16M on Parcel Bordering Tampa’s Westshore Marina District
Alliance Residential Company has purchased a 12-acre parcel at 5105 W Tyson Avenue in Tampa, FL for $15.8 million. Mark… Read more
Allstate in Talks to Move Headquarters Back to Chicago
Allstate Corp. is in talks about moving its headquarters to Chicago after selling the majority of its suburban campus earlier… Read more
Boston Financial Closes $164M LIHTC Fund to Support Affordable Housing in 13 States
Boston, MA-based Boston Financial, a syndicator of Low-Income Housing Tax Credits has closed the Boston Financial Institutional Tax Credits 57… Read more
Orlando, Tampa Multifamilies Recapped for $86M and Targeted for ESG Retrofit
Boston, MA-based Taurus Investment Holdings and Aegon Asset Management have completed the recapitalization of two multifamily properties — Lofton Place… Read more
$9M Buy of Singer Island Office Adds to New Owner’s $242M South Florida Tally
A private investor has purchased the Singer Island Corporate Center in West Palm Beach, FL for $8.6 million. The multi-tenant,… Read more
Opa-locka Community Development Corporation Locks Up $25M Refi for Affordable Multifam
The Opa-locka Community Development Corporation has secured a $25-million bridge loan for the refinance of a 216-unit affordable multifamily property… Read more
Trion Properties Promotes David Moghavem to Director of East Coast Operations
Trion Properties, which has headquarters in both Miami, FL and Los Angeles, CA, has elevated David Moghavem to director of… Read more
PMG, Greybrook Secure $182M Build Loan for 31-Story Mixed-Use Project in Atlanta
PMG and Greybrook have secured $182 million in construction financing for Society Atlanta, a 31-story, 460-unit mixed-use project located at… Read more
Newgard Development Group Adds $7M of Land Purchases for $1.5B Development in Miami
Newgard Development Group has completed the $7-million purchase of three parcels to serve as the gateway to its $1.5-billion three-tower… Read more