Florida
Report: Foreign CRE Investors Buy More in 2021
Despite concerns over a prolonged downturn in the U.S. commercial real estate market in 2021, the opposite was true. Demand… Read more
Whitehurst to Retire from National Retail Properties, Horn to Step In
Orlando, FL-based National Retail Properties, Inc., has announced president and CEO Julian Whitehurst will retire and step down as a… Read more
Simpson Org Sells Tallahassee’s City Centre Building for $14M
Avison Young has closed the $13.6-million sale of City Centre, a seven-story, 168,677-square-foot office building that sits on 2.14 acres… Read more
Centennial Bank Provides $41M Construction Loan for Multifamily in Sunrise
Centennial Bank has granted a $41-million loan to LUXCOM to redevelop a vacant retail center in Sunrise, FL into a… Read more
Stockbridge Acquires Six-Property, Grocery-Anchored Retail Portfolio
Atlanta-based Stockbridge has acquired a six-property, grocery-anchored retail portfolio located in high-growth markets across the Southeast. Over the next year,… Read more
CushWake Completes $39M Sale of Refresco-Leased Industrial Property in Tampa
Cushman & Wakefield has arranged the sale of Refresco Beverages, an industrial property located in Tampa, FL, for $39.3 million.… Read more
Future Site of Miami Multifamily Had for $6M
APEX Capital Realty has completed the closing of a 222,277-square-foot development site located at 2140 NE 2nd Avenue in Miami.… Read more
Opportunity Funds Saw Investment Surge Ahead of Dec. 31 Deadline
Reported equity investment in qualified opportunity funds (QOFs) tracked by national accounting and consulting firm Novogradac increased by nearly $7… Read more
Crimson Ventures, Cedar Rock Capital Exits Hilburn Apartments in Pensacola
Nashville-based Crimson Ventures and its joint-venture partner Cedar Rock Capital have exited from ownership of the Hilburn Apartments in Pensacola,… Read more
Terreno Spends $73M for Hialeah Industrial Property Adjacent to Owned Assets
Terreno Realty Corporation has acquired an industrial property in Hialeah, FL a purchase price of $73.2 million, net of free-rent… Read more
Momentum Buys Fort Myers Multifamily with $41M Financing Via JLL
JLL has arranged $40.7 million in acquisition financing for Drift at the Forum, a 195-unit, mid-rise, Class A multi-housing community… Read more
Connect Webinar Highlights “Energy and Enthusiasm” in Multifamily Industry
A well-attended, high-energy live event is big news as the pandemic recedes, and Connect CRE’s National Multifamily Update webinar reported… Read more
Crow Launching Big Nationwide Multifamily Push, 8,000 Apartments in 20 Markets
By Ted Jackson Crow Holdings is launching a major multifamily initiative targeting middle class buyers in 20 markets across the country,… Read more
Stockbridge Hires David Park as Managing Director
David Park, most recently Senior Vice President for the National Pension Service of Korea (NPS) New York office, is the… Read more
Capital Square Collects Its 10th 55+ Manufactured Housing Community in FL
Glen Allen, VA-based Capital Square 1031 has acquired a 55+ manufactured housing community in Sebastian, FL. The community was acquired… Read more
Spectrum, FCA Partners Close Land Deal in Jacksonville’s Seven Pines
The Spectrum Companies and FCA Partners have purchased land within the Seven Pines master-planned community underway in Jacksonville, FL with… Read more
AerCap to Open 20K-SF US HQ in Miami’s 830 Brickell Office Tower
Aviation leasing company AerCap will debut its US headquarters at 830 Brickell, a Class A-plus office tower under construction in… Read more
BREIT Acquiring Preferred Apartment Communities REIT
Preferred Apartment Communities (PAC) said Wednesday it had entered into a definitive agreement with Blackstone Real Estate Income Trust, Inc.… Read more
Lease Up of Greenway Station in Santa Rosa Beach is Polished Off
CBRE has completed lease up of Greenway Station, a new mixed-use development in Santa Rosa Beach, FL. Thomas Watson and… Read more