Florida
Self-Storage Developer Closes On Loan for 1,500-Unit Expansion
UTEX Storage Partners closed on a $42.5 million construction loan to finance a two-property self-storage portfolio in the Miami metropolitan… Read more
Talonvest Arranges $57.7M Refi on 7 Florida Self-Storage Facilities
Talonvest Capital arranged $57.7 million in financing for seven Florida self-storage properties on behalf of HPI Real Estate Services &… Read more
Work Underway on West Palm Beach Apartments, Hotel
Construction is underway on two projects adjacent to West Palm Beach’s Brightline station. Developers LD&D and IGEQ, together with capital and investment partner FrontRange Capital… Read more
Brookfield, CPP Taking LXP Industrial Private in $5.2B Deal
Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to take LXP Industrial Trust private in an all-cash… Read more
Otay Mesa Industrial Sale Underscores Demand from Cross-Border Trade
Avison Young completed the $8.824-million sale of a 31,488-square-foot industrial property located at 7577 Airway Rd. in the Otay Mesa… Read more
Stetson’s Law School, Bromley Partnering on Tampa Mixed-Use Venture
Stetson University plans to modernize the Stetson University College of Law’s Tampa Law Center and create a mixed-use space in a currently underutilized area with the help of… Read more
Beachwold Closes on $176.6M Financing for 1,395-Bed UCF Student Housing Venture
Beachwold Residential obtained a $176.6 million construction loan to finance the development of Place at Alafaya Phase I & II.… Read more
West Palm Beach Eyeing Waterfront Rezoning Moratorium
West Palm Beach gave tentative approval to a measure that would pause redevelopment in a waterfront area of the city’s… Read more
Richland Capital Converting Tampa Offices to Warehouse Facility
Richland Capital Holdings broke ground on Lakeview Corporate Park, a new 310,000-square-foot logistics space, at 6700 Lakeview Center Drive. The… Read more
Aerospace Firm Spending $75M on Orlando Plant
Extant Aerospace broke ground on a new 376,000-square-foot industrial manufacturing facility in Melbourne. Michael Moss II of Lightle Beckner Robison… Read more
Charlotte’s Spectrum Companies Purchased by Lincoln Property Company
Dallas-based Lincoln Property Company (“Lincoln”), a global full-service real estate firm, acquired The Spectrum Companies (“Spectrum”), a Charlotte-based, full-service real… Read more
$563M Palmetto Hospital Reaches Construction Milestone
BayCare Health System has topped out its $563 million hospital in Palmetto. The 463,000-square-foot facility is slated to open near… Read more
Fort Lauderdale Developer Inks Financing for Condos, Apartments, Retail
Dependable Equities, an affiliate of Sky Equity Group, secured $54 million in pre-construction financing from CDK, with Valley National Bank… Read more
Trevato Lands $76.8M Construction Loan for Jax Apartment Complex
Trevato Development Group obtained a $76.8 million construction loan to build a mixed-use development in Jacksonville. The four-year, floating-rate loan… Read more
Blake, Related Win Bid to Build Massive St. Pete Mixed-Use Project
Blake Investment Partners and Related Group have agreed to pay the city of St. Petersburg $275 million for the rights… Read more
PGIM Sells Coral Gables Office Campus for Nearly $100M
PGIM has had a hold on The Ponce, a two-building office complex in Coral Gables for nearly 20 years. The… Read more