Florida
Institutional Property Advisors Helps Seller with $10M Release of Boca Raton Office
Institutional Property Advisors, a division of Marcus & Millichap, has completed the $9.5-million sale of 1095 Broken Sound Parkway, a… Read more
Marina Club Apartments Hands Skanska $111M to Build Mixed-Use in St. Petersburg
Skanska has signed a contract with Marina Club Apartments LLC to build a mixed-use building in St. Petersburg, FL. The… Read more
Alluvium Partners to Bring $42M “Horizontal Multifamily Community” to Jacksonville
Alluvium Partners, LLC, has borrowed $42 million in construction financing for Cottage Street at eTown, the first “horizontal multifamily” community… Read more
Las Vegas Gym Owner Opens Adjacent Rental Community
Life Time (NYSE:LTH) has opened up a 149-unit apartment building alongside its Henderson health club. The $70 million project has… Read more
Avanath Capital Management Buys $63M Mixed-Use in Orlando’s Parramore District
Avanath Capital Management, LLC, has acquired City View, a mixed-use, mixed-income property at 595 Church Street in Orlando, FL, for… Read more
Hakimian Holdings Acquires $25M Riverfront Office Building in Jacksonville
Hakimian Holdings, Inc., has completed its $25.2-million acquisition of 245 Riverside, a 136,853-square-foot riverfront office building spanning five stories in… Read more
Partners Secure $148M Build Loan for Two-Tower, 559-Unit Residence in Hialeah
MG Developer and Baron Property Group, in partnership with Township Capital, have secured a $148-million construction loan from Post Road… Read more
JLL Adds Brad Berzins, Noah Gens to West Coast Teams
JLL has appointed Brad Berzins as managing director and Noah Gens as Florida regional manager for the company’s property management… Read more
Northmarq Arranges $56M in Pre-stabilized Financing for Jacksonville Community
Northmarq has arranged a $56-million first mortgage loan secured by Fountainhead, a 360-unit, Class A multifamily on Corklan Drive in… Read more
Emerald Creek Capital Releases Fully Leased, 247K-SF Warehouse in Elkton for $22M
Emerald Creek Capital has sold a single-tenant, climate-controlled industrial facility in Elkton, FL for $21.9 million in an off-market transaction.… Read more
Phoenix Mayo Clinic-Served Hotel Sells for $50.5 Million
Dreamscape Companies has acquired the Residence Inn Desert View at Mayo Clinic. The extended stay hotel is adjacent to the… Read more
Case-Shiller Index Shows U.S. Home Price Gains Continuing to Slow
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 15.8% annual… Read more
Tropicale Foods Bringing 500 Jobs to Lubbock
Tropicale Foods, the number one Hispanic frozen novelty food company in the US, is moving its manufacturing plant from Florida… Read more
Partnership Closes on Last Development Parcel on Fisher Island for Reported $123M
According to a BusinesWire report, Related Group — along with partners Teddy Sagi, BH Group and Wanxiang America RE Group… Read more
Dasmen Residential Secures $95M Refi for Five-Property, 70s-Era Multifam Portfolio
Dasmen Residential has locked in $95.2 million in financing arranged by Crossmark Capital for a five-property, 1,011-unit multifamily portfolio situated… Read more
Ocean West Sells 7-Property Industrial Portfolio for Nearly $1B
El Segundo-based Ocean West Capital Partners and South Korea-based Tiger Alternative Investors have announced the sale of a seven-property logistics… Read more
Newly Formed Joint Venture Acquires Orlando Multifamily for $87M
Vienna, VA-based Middleburg Communities and London-based SFO Capital Partners have jointly acquired The Baldwin, a newly built, 270-unit Class A… Read more
Black Lion Orders Up $6M Restaurant under Miami’s One Thousand Museum Tower
Black Lion has purchased the ground floor restaurant space in One Thousand Museum, a 62-story residential down in Miami, FL,… Read more
Middleburg Communities Joins Forces with SFO Capital Partners for $87M Orlando Multifamily
Vienna, VA-based Middleburg Communities and London-based SFO Capital Partners have jointly acquired The Baldwin, a newly built, 270-unit Class A… Read more