Florida
Starwood REIT Acquires 15,460-Unit Apartment Portfolio in Recapitalization Deal
Starwood Real Estate Income Trust (SREIT) said Wednesday it had acquired a multifamily portfolio of 15,460 units across 62 communities from San Diego-based Strata Equity… Read more
PGIM Chips in $85M Loan for 140-Building Industrial Portfolio
PGIM Real Estate recently provided an $85 million supplemental loan on behalf of its U.S. core strategy to DRA Advisors… Read more
Four Under-Contract Otay Mesa Buildings are Tip of the Iceberg for EastGroup
EastGroup Properties Inc. is under contract to purchase four multi-tenant business distribution buildings totaling 547,000 square feet for $135 million… Read more
Northmarq Arranges $61M Sale of Multifam by the Beach in FL Panhandle
The Brookview Companies has purchased The Sound at Navarre Beach, a 250-unit multifamily community in the Florida Panhandle city of… Read more
Madison Realty Capital Launches Hotel Lending Platform with Newbond
(Updated with additional information) Madison Realty Capital (MRC) and Newbond Holdings have launched Madison Newbond, an institutional lending platform that will provide first mortgages, mezzanine loans and… Read more
Cain International Provides $117M Development on South Loop Resi Tower
Cain International, the privately held investment firm led by Jonathan Goldstein, has closed a $117-million development loan to Lendlease and Aware Super for the… Read more
Abbott Appoints Batson to Gulf Coast Authority
Gov. Greg Abbott recently appointed Amber Batson to the Gulf Coast Authority for a term set to expire on August… Read more
Schenker to Occupy all 150K SF in Albuquerque Spec Industrial
A 150,000-square-foot lease was recently arranged on behalf of Schenker Inc. at 7200 Bluewater Rd. NW, a class-A speculative industrial… Read more
Kayne Anderson Appoints Debby Jenkins to Lead New Multifamily Impact Strategy
Boca Raton-based Kayne Anderson Real Estate has hired Debby Jenkins as head of housing and head of its newly created… Read more
Morgan Properties Pays $781M for Two Portfolios with Four FL Multifams amid 18 Communities
Morgan Properties has paid $780.5 million for two portfolios encompassing 18 apartment communities and 4,724 units in four Sunbelt states,… Read more
Morgan Properties Pays $781M for Two Portfolios with 14 SE Multifams amid 18 Communities
Morgan Properties has paid $780.5 million for two portfolios encompassing 18 apartment communities and 4,724 units in four Sunbelt states,… Read more
CRE Investment Sales Reach 16-Year Quarterly High
U.S. commercial real estate investment volume surged to $176.9 billion in the third quarter, the highest quarterly total since at least 2005,… Read more
Madison Realty Capital Originates $310M Loan for Miami River Towers in Brickell
Madison Realty Capital has provided a $310-million loan to The Chetrit Group for the first two phases of development of… Read more
Seagis Continues Along Its Tear of South FL Warehouse Purchases
Seagis Property Group has purchased two Miami warehouses in recent weeks, bringing the company’s South Florida portfolio to 109 buildings… Read more
$108M Gets New Owners a Multifamily in Orlando’s Tourist Corridor
Patterson Court apartments— a 384-unit community located in Orlando’s tourist corridor and currently master-leased to Walt Disney World Resort —… Read more
Swire Properties Sells EAST, Miami Hotel for $174M
Swire Properties, Inc., has completed the $174M sale of the 352-key EAST, Miami hotel to a joint venture among funds… Read more
Single-Tenant, 237K-SF Industrial Building Sells for $95M in St. Petersburg
JLL Capital Markets has closed the $94.5-million sale of a 236,976-square-foot, single-tenant, modern distribution facility net-leased to a credit tenant… Read more
Hillpointe Raises $190M for SE Workforce Multifamily Developments
Winter Park, FL-based Hillpointe, LLC, has closed Hillpointe Workforce Housing Partnership III, LP, at its hard cap of $190 million.… Read more
Office Building near Jupiter Yacht Club Marina Trades Hands for $13M
RJM Jupiter Riverwalk, LLC, has acquired the Riverwalk Center, a 35,324-square-foot Class A office building located in Jupiter, FL, from… Read more