Florida
Partners Launch South Beach Mixed-Use with $60M Construction Financing
Newmark has arranged $60 million in financing for the construction of Eighteen Sunset, a mixed-use development in the Sunset Harbour… Read more
Thorofare Capital Provides $16M in Financing for Downtown Miami Development Site
Thorofare Capital, Inc., an affiliate of investment manager Callodine Group, has provided $16.3 million in financing to Moishe Mana, CEO… Read more
Tampa High-Rise Condo Launches with $73M Construction Loan
JLL has arranged a $72.5-million construction loan for the development of Altura Bayshore, a 73-unit, high-rise condominium project directly off… Read more
Report: Austin Apartment Rents Increased 20% in 2021
A recent report from the Austin Apartment Association highlighting the state of the industry in Austin found that apartment rents… Read more
Driftwood Capital Appoints Martin Pinsker to VP of Acquisitions
Coral Gables-based Driftwood Capital, a commercial real estate investment, development and lending platform specializing in hospitality, has appointed Martin Pinsker… Read more
Capital Square 1031 Acquires Jacksonville Mixed-Use Multifam for $126M
Capital Square 1031 has acquired a 10-story, mixed-use, Class A multifamily community on Riverside Avenue in Jacksonville, FL for $126.3… Read more
Cobalt Real Estate Solutions Spends $19M for Gainesville Retail Complex
Cobalt Real Estate Solutions, a fully integrated affiliate of Divaris Real Estate, Inc., has acquired Gainesville Plaza in Gainesville, FL… Read more
CBRE Arranges $81M Sale of Fairway Office Center in Palm Beach Gardens
CBRE has facilitated the $81.2-million sale of the fee simple interest in Fairway Office Center in Palm Beach Gardens, FL… Read more
Sterling Organization Carts off $44M Grocery-Anchored Center in Braintree
West Palm Beach-based Sterling Organization has closed its $44.2-million purchase of Stop & Shop Plaza, a 173,798-square-foot neighborhood shopping center… Read more
Blanca CRE Facilitates $26M Sale of Miami Shops amid Domestic Interest Surge
Blanca Commercial Real Estate has completed the sale of Shoppes at Hidden Lake in Miami for $26 million. Cary Cohen,… Read more
Orlando’s Hanover Family Builders Acquired for $179M by Landsea Homes
Landsea Homes Corporation has acquired Orlando, FL-based Hanover Family Builders for $179.3 million. The deal is subject to certain post-closing… Read more
SRS Net Lease Group Facilitates $5M Orlando-Area Wawa Ownership Trade
Miami-based Limestone Asset Management, via a joint venture with Orion Real Estate Group, has sold a 1.74-acre Wawa property in… Read more
Berkadia Arranges $82M Sale of Lake Worth Apartment Communities
Berkadia arranged the sale of Village at Lake Worth and Village at Lake Osborne, two apartment communities with a total… Read more
RE Veteran Dan Fogarty Joins Stotan Industrial
Chicago real estate veteran Dan Fogarty has joined Rosemont, IL-based Stotan Industrial as managing partner. He’ll work in tandem with… Read more
NYC Lags Northeast in New Housing Approvals
New York City approved less new housing per resident than any other Northeast city in 2020, the New York Post… Read more
Austin Tops CrowdStreet’s Rankings as Best Investment Market
Real estate investing marketplace CrowdStreet rates Austin as the best market for commercial real estate investment overall in the national… Read more
Stonemont Launches Construction for Industrial Development in Fort Pierce
Stonemont Financial Group has broken ground on a new two-building, 1.3-million-square-foot speculative industrial development adjacent to Interstate 95 in Fort… Read more
CIM Group Closes $175M Loan for 42-Story Office Tower in Downtown Tampa
A fund managed by CIM Group has closed a $175 million whole loan to an affiliate of Banyan Street Capital… Read more
Rosewood Realty Group Brokers $77M Sale of Gainesville Multifamily
Rosewood Realty Group has sold a 322-unit multifamily development in Gainesville, FL for $77 million. Evergreen Uptown Village sold for… Read more