Florida
PeakSpan Capital Backs Winter Park Proptech Leasecake in $12M Series A
PeakSpan Capital is backing commercial real estate platform Leasecake, leading an oversubscribed Series A funding round for the proptech that… Read more
Crain’s: Chicago’s Northpond Sells Naperville Shopping Center
A Chicago-based investment partnership has sold a Naperville shopping center for a price in excess of $52 million, according to… Read more
CBRE Arranges $100M JV Equity, Acquisition Funding for Tampa Multifam
CBRE has arranged a $100-million joint venture equity partnership and acquisition financing for Bainbridge Ybor City, a 240-unit Class A… Read more
Triple-Net-Leased Industrial Outdoor Storage Trades for $7M
Stan Johnson Company has completed the sale of a core, infill industrial outdoor storage facility in West Palm Beach, FL… Read more
Trez Capital Funds $82M Construction Loan for Condo in West Palm Beach
Trez Capital has closed an $82-million loan to build Alba Palm Beach, a waterfront condominium project that will rise in… Read more
Two-Story Vero Beach Medical Office Building Trades for $4M
Coldwell Banker Commercial has completed the $3.6-million sale of a medical and professional office property on 17th Street in Vero… Read more
Blackstone to Acquire PS Business Parks in $7.6B Deal
PS Business Parks, Inc. (PSB) and Blackstone have entered into a definitive agreement under which affiliates of Blackstone Real Estate… Read more
JLLIPT Acquires $154M Apartment Community in Orlando
JLL Income Property Trust has acquired Jefferson Lake Howell, a newly constructed, class-A apartment community in the northern Orlando suburb… Read more
Aon Insurance Takes Near-Top Floor of 701 Brickell in Miami
Cushman & Wakefield has arranged a new long-term office lease of approximately 20,000 square feet at 701 Brickell for Aon… Read more
Climate Change and People on the Move
Here’s a startling fact: According to the Global Internal Displacement Monitoring Centre, 1.7 million Americans were displaced by weather-related disasters… Read more
Industrial Specialist Terrano Realty Acquires Property in Newark, NJ for $17M
Industrial property specialist Terreno Realty Corporation, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial… Read more
DLP Capital & Avid Realty Partners Team Up in Purchase of Houston Apartments
DLP Capital, a private real estate investment and finance firm based in Florida, along with Avid Realty, has purchased 7… Read more
Trinity Capital Advisors Hires Jordan Quinn to Expand Industrial Portfolio
Charlotte, NC-based Trinity Capital Advisors has welcomed Jordan Quinn as an industrial partner with a focus on growing the company’s… Read more
JV Secures $84M Property in West Palm Beach for Hotel Transformation
Electra America Hospitality Group, a joint venture between Electra America and AKA, has acquired a new property in downtown West… Read more
CRC Selects Joy Myers to Oversee Orlando, Tampa Commercial Properties
Continental Realty Corporation has hired Joy Myers as senior property manager – commercial division. She will be responsible for day-to-day… Read more
Store Space, QuadReal Form $1B Self-Storage Investment Partnership
Winter Garden, FL-based Store Space Self Storage and Vancouver-based QuadReal Property Group have formed a strategic partnership that is capitalized… Read more
Tallahassee Multifamily Rocks $17M Refi Loan from Greystone
Greystone has provided a $16.6-million Fannie Mae Delegated Underwriting and Servicing loan to refinance a 168-unit multifamily property in Tallahassee,… Read more
Continental Realty Re-tenants Retail Center to 98%, Sells for $9M
Baltimore, MD-based Continental Realty Corporation has completed the sale of Glenbrook Commons, a 64,707-square-foot fitness-anchored retail center located near Orlando… Read more
Austin-based American Campus Communities Announces $13B Transaction with Blackstone
American Campus Communities, an Austin-based developer, owner and manager of student housing communities in the United States, announced that it… Read more