Florida
ECI Group Goes on $300M Buying Spree of Central FL Multifams
Atlanta-based ECI Group has acquired Verso Luxury Apartments, a 250-unit multifamily asset in the Orlando, FL submarket of Davenport. Brett… Read more
TerraCap Management Acquires 230K-SF Industrial Building in Savannah
Naples, FL-based TerraCap Management, LLC, has acquired 195 Nordic Way, a 230,000-square-foot single-story industrial building in Savannah submarket of Pooler,… Read more
Davenport Multifamily Brings ECI Group’s Central FL Portfolio to $300M
Atlanta-based ECI Group has acquired Verso Luxury Apartments, a 250-unit multifamily asset in the Orlando, FL submarket of Davenport. Brett… Read more
Hialeah Mixed-Use Development Scores $81M Build-to-Perm Financing
Aztec Group has secured $81 million in construction-to-permanent financing for the consecutive development of Residences of Highland and Shoppes of… Read more
MG Developer to Build $204M, 450-Unit Residential Tower Complex in Miami
Coral Gables-based MG Developer is building a $204 million, two-tower luxury residential multifamily in Miami. MG Developer has partnered with… Read more
Ten Capital Management Acquires SunTech Commerce Park in Orlando
Cleveland, OH-based Ten Capital Management has completed the acquisition of SunTech Commerce Park in the Orlando submarket of Lake Mary,… Read more
$61M Buys Two Multifams in Tampa’s Seminole Heights Neighborhood
CBRE has secured $50.3 million in acquisition financing for two multifamily properties, HITE and Notch, both located in Tampa, FL’s… Read more
898-Bedroom Student Housing Near LSU Matriculates to New Ownership
Naples, FL-based Halstatt Real Estate Partners has sold The Legacy at Baton Rouge, a purpose-built student housing complex located near… Read more
Investors Really Like Apartments
Yardi Matrix recently reported that year-over-year rent growth and apartment occupancy were both on the rise during April 2022. According… Read more
BREIT Completes $3.7B Deal for Resource REIT, Adds 42 Apartment Properties
Blackstone Real Estate Income Trust, Inc. (BREIT) has completed its previously announced acquisition of Resource REIT, Inc. for $14.75 per… Read more
Barrington Brothers’ Fourth Miami Multifamily Pays Tribute to Tequesta Tribe
Barrington Brothers has commenced construction of The Kavista, a $60-million multifamily development in the Village of El Portal, FL in… Read more
Franklin Street Selects Robert Allan as President of Insurance Division
Tampa, FL-based Franklin Street has welcomed Robert Allen as president of its insurance services division. Allen will focus on leveraging… Read more
Newport Capital Partners Eyeing Neighborhood Retail Plaza Deals in Carolinas, Texas and Florida
Chicago-based Newport Capital Partners, longtime niche specialists in neighborhood retail plazas, having just bought Elston Logan Plaza in Chicago’s trendy… Read more
Calling for More of The Year’s Top Mortgage Brokers and Lenders
Response has been strong to date for Connect Commercial Real Estate’s second annual Top Mortgage Brokers and Lenders awards program.… Read more
Berkshire Residential Secures $135M for Acquisition of Jupiter Multifamily
Boston-based Berkshire Residential Investments has secured $135 million of first mortgage debt for the acquisition of The Sophia at Abacoa,… Read more
Mesa West Capital Provides $135M Acquisition Financing for Jupiter Multifamily
Mesa West Capital has provided Boston-based Berkshire Residential Investments with $135 million of first mortgage debt for the acquisition of… Read more
130K-SF, Multi-Building Industrial Asset in Palm Bay Sells for $6M
Axiom Capital Corp, has structured and arranged a $6.1-million permanent loan (10-year, fixed rate, non-recourse) for the acquisition of a… Read more
Net-Leased, Oversized Caliber Collision in Memphis Sells for $7M
Stan Johnson Company has completed the $6.7-million sale of a 40,522-square-foot retail property leased to Caliber Collision in Memphis, TN.… Read more
$93M Financing to Bring 861-Bed Student Housing Project to Gainesville
Square Mile Capital Management, LLC, has closed a $93-million construction loan for Theory Gainesville, an 861-bed student housing building near… Read more