Florida
New Castle Hotels & Resorts Acquires $41M Holiday Inn Resort Jekyll Island
New Castle Hotels & Resorts has acquired the Holiday Inn Resort Jekyll Island for $41 million subject to a land… Read more
Savlan Capital Snags MOB in Dallas for $7M
Savlan Capital has acquired a 38,794-square-foot medical office building in Dallas for $7 million as part of a $26 million… Read more
Farmstead Launches Delivery in Chicago and Suburbs
Farmstead, an online grocer offering free delivery, said Monday that its service is now live in the city of Chicago… Read more
Omni PGA Frisco Resort Tops Out
General contractor Brasfield & Gorrie has announced the topping out of the 510-room Omni PGA Frisco Resort in metro Dallas.… Read more
NAI Hallmark Brokers $4M Sale of Jacksonville Apartment Portfolio
NAI Hallmark has completed the sale of the Justina Road Apartments portfolio for $4.3 million. The company’s Luke McCann brokered… Read more
Partners Start WPB Condo with $122M Construction Loan, 70% Presolds
Two Roads Development and Alpha Blue Ventures have broken ground on Forté, a new waterfront condominium at 1309 South Flagler… Read more
Demand for Single-Story Office Nudges TerraCap Management’s Sale in Norcross
Naples, FL-based TerraCap Management, LLC, has sold Northwoods Commons, a 101,000-square-foot, three-building single-story office/flex park in Norcross, GA. Tom Shafer… Read more
Ontario Int’l Lands New Duty-Free Outlet
Another example of economic optimism is coming out of Ontario, Calif. – specifically, the Ontario International Airport Authority’s new 10-year… Read more
Miami Walgreens Closes at $8M and Record 3.59% Cap Rate
JLL has closed the $8.2 million, record-setting sale of a 15,206-square-foot single-tenant retail store triple net leased to Walgreens in… Read more
Franklin Street Completes $51M Sale of Orlando Multifam
Franklin Street has arranged the sale of the Castilian Apartments, a 304-unit multifamily community located five miles from downtown Orlando,… Read more
Northpath Investments Acquires $10M Winn-Dixie Anchored Center in Daytona Beach
Northpath Investments has acquired the Holly Hill Plaza shopping center in Daytona Beach, FL for $10.3 million. The 87% occupied,… Read more
RKW Takes 1,500 FL Multifamily Units Under Its Management Wing
Multifamily management firm RKW Residential in Miami has added 1,500 statewide units to its FL portfolio. In South FL, RKW… Read more
Remedy, Kayne Anderson, MedProperties Form $350M JV for 23-Asset MOB Portfolio
Dallas-based MedProperties, Los Angeles-based Kayne Anderson Real Estate and Chicago-based Remedy Medical Properties have formed a $350 million joint venture… Read more
BBX Industrial Names Brent Albertson SVP of Development, Opens Orlando Office
BBX Industrial, a division of BBX Capital Real Estate, has appointed Brent Albertson as SVP of development. His key responsibilities… Read more
Ceiba Groupe Receives $67M Refi for Newly Completed Zona Village in Davie
Walker & Dunlop, Inc., has structured $67M in financing for Zona Village, a Class-A multifamily in the Ft. Lauderdale submarket… Read more
Time to Submit Nominations for the Year’s Top Sales and Leasing Brokers
The deadline is drawing near to nominate commercial real estate’s top leasing and sales brokers for Connect CRE’s fifth annual… Read more
SRS Brokers $20M Sale of Staples-Occupied Retail Property in Miami
SRS Real Estate Partners’ national net lease group has completed the $20-million sale of a single-tenant retail property fully occupied… Read more
JLL Secures $37M in Refinancing for Four-Property Apartment Portfolio near UF
JLL has arranged refinancing in the aggregate amount of $37 million for a four-property, 460-unit multi-housing portfolio located in Gainesville,… Read more
Allen Morris Company Closes $64M Construction Loan for Druid Hills Multifam
Allen Morris Company has closed on a $64-million construction loan for Bryn House, a luxury mixed-use, five-story, 337-unit residential building… Read more