Florida
Partnership Trio Unveils Plan for $1B Redevelopment of Southland Mall Site in Cutler Bay
Electra America, American Landmark and BH Group have unveiled preliminary plans for a $1-billion redevelopment and reinvention of the Southland… Read more
Fortress Investment Group Secures $38M for Senior Living Community in ChampionsGate
Fortress Investment Group has secured $37.6 million in financing arranged by JLL for The Glades at ChampionsGates, a 223-unit senior… Read more
MMCC Arranges Refi for Waterloo Mixed-Use
Marcus & Millichap Capital Corporation (MMCC) arranged a $13,460,000 loan for the refinancing of Art Bloc, a newly built mixed-use… Read more
Thor Equities Group Acquires $37M, 13-Property Industrial Portfolio in Tampa
Thor Equities Group has completed the $37-million acquisition of a 13-property, 402,000-square-foot industrial portfolio in Tampa, FL from RS Tampa… Read more
Avison Young Appoints Lisa Jesmer to Lead Investor Services Business Development
Avison Young has named Miami, FL-based Lisa Jesmer as principal and national director, investor services business development, US. Jesmer will… Read more
Partnership Starts Work on San Antonio Apartment Rentals
A partnership between New York City-based Sovereign Properties and Florida-based Invest Capital Group has started work on Atlantica at Alamo,… Read more
Nella Invest Pays $59M for 11-Story Hotel Melby in Melbourne
Nella Invest, LLC, has acquired Hotel Melby, Tapestry Collection by Hilton, in Melbourne, FL for $59 million ($327,778 per key).… Read more
Sonnenblick-Eichner Company Arranges $82M First Mortgage Financing for Ocean Key Resort
Sonnenblick-Eichner Company, on behalf of Noble House Hotels & Resorts, has arranged $82.4-million of fixed rate first mortgage financing for… Read more
Fort Walton Beach Class A Office Sale Garners Five-Year High for Price Per SF
Marcus & Millichap has brokered the $9.2-million sale of a 30,344-square-foot, Class A multi-tenant office building at 45 Eglin Parkway… Read more
CP Group, DRA Advisory Buy the Democracy Center Office Complex in Bethesda
Boca Raton, FL-based CP Group has acquired Democracy Center — a three-building, 709,313-square-foot office campus in Bethesda, MA – in… Read more
ROI Capital Group Closes on 444-Unit Jacksonville Multifamily for $66M
ROI Capital Group has acquired Topaz Villas, a 444-unit multifamily community in Jacksonville, FL for $66 million with a $53… Read more
Ally Capital Group Spends $18M for Five-Building Office Collection in Clearwater
Tampa, FL-based Ally Capital Group has completed its $18-million ($133 per square foot) acquisition of Bay Vista Gardens I &… Read more
Feil Organization Names Head of Commercial Leasing
Veteran commercial real estate executive Andrew Wiener has been named head of commercial leasing at The Feil Organization. Wiener will… Read more
Marcus & Millichap Brokers $92M Affordable Housing Portfolio Transfer
Marcus & Millichap has brokered the sale of a four-property, 669-unit Low Income Housing Tax Credit portfolio located primarily in… Read more
Empira Group’s First Miami Buy Is an 85-Unit Residential Development Site
Zug, Switzerland-based Empira Group has closed on CoralGrove Brickell, a 0.53-acre, residential development site planned for 85 units located between… Read more
Monument Capital Management Pockets $39M for Greenville Multifamily
Coconut, FL-based Monument Capital Management, an A-Rod Corp company, has sold Park West Apartments in Greenville, SC for $39 million.… Read more
CARROLL CEO Runs $100K of Kicks to Boys & Girls Clubs of Miami-Dade
Atlanta, GA-based CARROLL’s founder and CEO Patrick Carroll has given away $100,000 worth of top-line sneakers to underserved children in… Read more
Jupiter’s Strategic Retail Advisors Joins Forces with X Team Retail Advisors
Jupiter, FL-based Strategic Retail Advisors has joined X Team Retail Advisors as an affiliate to the latter’s commercial real estate… Read more
EDEN Multifamily Opens Charlotte Office, Puts Scott Phillips in Charge
EDEN Multifamily has opened a regional office in Charlotte submarket of Belmont, NC and tapped Scott Phillips to lead the… Read more