Florida
Berkadia Secures $51M Recapitalization for Huntsville Office Portfolio
Berkadia has secured a $51 million loan to refinance a 670,890-square-foot office/flex portfolio at Cummings Research Park in Huntsville, AL.… Read more
JLL Brokers $35M Sale of Orlando Retail Center
JLL has arranged the $35 million sale of the Shoppes at Nona Place, a fully leased, 60,557-square-foot neighborhood shopping center… Read more
CIM Group Provides $120M Construction Loan for Orlando Apartments
CIM Group has provided a $120 million construction loan to finance Society Orlando, a 26-story mixed-use multifamily and retail development… Read more
Imperium Capital Acquires Four-Acre Parking Facility Near Port of Savannah
New York-based Imperium Capital has acquired a secured truck and trailer parking facility in Savannah. The four-acre property was purchased… Read more
Eastern Union Promotes Three to Executive Roles in Managing Commercial Mortgages
Eastern Union has promoted three staff members to executive duties in the management of commercial mortgages. Mordy Reisman has been named chief loan… Read more
Driftwood Capital Hires Caroline Lewittes and George Rupp as Managing Directors
Commercial real estate investment, development and lending platform Driftwood Capital has hired two new managing directors in South Florida. Caroline… Read more
Orlando Distribution Center Trades for $52M
Cushman & Wakefield has arranged the $51.6 million sale of OCP Logistics Center, a 403,704-square-foot distribution center in Orlando. Located… Read more
P.F. Chang’s Adds Fifth Manhattan Location for Off-Premise Dining
Newmark Retail arranged a 2,230-square-foot lease at 885 Eighth Ave. for the newest P.F. Chang’s To Go. This marks the fifth such lease in the city in the past 18 months as P.F. Chang’s expands its off-premise dining concept throughout the country. Vice chairman Ariel Schuster and associate director Mitch Heifetz represented P.F. Chang’s in this… Read more
StreetLights Residential Breaks Ground on Celebration MF Community
Multifamily developer StreetLights Residential has partnered with Cortland to break ground on its newest project, Cortland Colburn in the town… Read more
Westside Capital Group Acquires Fort Myers MF Tower for $71M
Real estate investment holding firm Westside Capital Group has acquired Oasis Grand II, a 32-story multifamily tower in downtown Fort… Read more
California, Florida Lead Pack for Most Q2 Condo Sales
ATTOM recently released a special report looking at U.S. condominium sales and prices in oceanfront counties. The report, following up… Read more
CIT Group Arranges $26M Acquisition Loan for West Palm Industrial Portfolio
CIT Group has arranged a $26 million acquisition loan for a three-building portfolio of industrial buildings in West Palm Beach.… Read more
CBRE Brokers $27M Sale of Tampa Apartments
CBRE has arranged the $26.7 million sale of St. Moritz Apartments, a 168-unit multifamily property in Tampa. The 168-unit townhome… Read more
Out-of-State Multifamily Investors Expand Targets to Include Tucson
The employment market in Tucson is adding back workers at an active pace. Year-over-year through the second quarter, employment growth… Read more
Seagis Adds Pompano Warehouse to South Florida Holdings
Seagis Property Group has acquired a 12,300-square-foot distribution facility located at 280 NW 12th Ave. in Pompano Beach, within Broward County. Seller and pricing weren’t… Read more
CIM Fund Lends $120M on Orlando Mixed-Use Project
A CIM Group-managed fund has closed a $120-million construction loan to Property Markets Group (PMG) and Raven Capital Management to… Read more
TrueRate’s Dan Gorzycki on What’s Fueling the Build-to-Rent Boom
Capital markets veteran Dan Gorzycki heads the recently launched TrueRate Services, an online debt placement marketplace. The platform’s launch coincided with an upsurge of activity… Read more
Shamah Properties Adds Luxury Complex in Princeton
Shamah Properties acquired Copperwood Apartments in Princeton NJ, for $70.35 million. The seller wasn’t identified. The 153-unit luxury complex at 300 Bunn Dr. is located near downtown Princeton and Route 1. It was built in 2015. “Shamah Properties… Read more
Now’s the Time to Nominate CRE’s Most Influential Women
The deadline is drawing near to participate in our fifth annual Women in Real Estate Awards. We’re continuing to call for… Read more