Florida
Penler Acquires 248-Unit Sarasota Multifamily Community
Multifamily real estate investment platform Penler has acquired Tradition at Palm Aire, a 248-unit apartment community in Sarasota. The seller… Read more
Wolf, Lutz Launch New Resi Development Advisory Firm
Veteran development sales and marketing experts David Wolf and Christine Lutz launched Wolf Development Strategies, a full-service development advisory, marketing and sales firm for luxury residential developments across the… Read more
Lakeland Industrial Property Trades for $7M
SVN | Saunders Ralston Dantzler Real Estate has brokered the $7 million sale of the Century Boulevard Industrial Park, a… Read more
CBRE Hires Garcia as Senior VP in Miami
CBRE has announced the hiring of industry veteran Madelayne Garcia as senior vice president of advisory and transaction services. Garcia… Read more
Berkadia Arranges $38M Refinancing for Metro Atlanta Apartments
Berkadia has secured a $37.7 million loan to refinance The Reserve at Gwinnett, a 370-unit multifamily community in Norcross. Built… Read more
Aimco Forms $10B MF REIT, Closes $2.4B JV
Denver-based Apartment Investment and Management Company (Aimco) plans to separate into two publicly traded companies, Apartment Income REIT (AIR) and… Read more
El Cajon Industrial Facility Trades for Record
Inland Pacific completed the largest single asset industrial sale transaction in East County history. The property, located at 1111 Pioneer… Read more
TSCG Brokers Sale of 102K-SF Retail Center in Orlando
Retail-focused real estate advisory firm The Shopping Center Group has arranged the sale of The Shoppes of South Semoran, a… Read more
Plymouth REIT Expands St. Louis Footprint
Plymouth Industrial REIT acquired two industrial properties in St. Louis totaling 566,408 square feet and one in Jacksonville, FL totaling… Read more
Newmark Adds 11 Senior-Level Industrial Brokers
Newmark Group has added 11 senior-level industrial brokers from Savills across five North American markets, including six in the Rutherford, NJ… Read more
W5 Group to Develop 602-Bed Student Housing Property in Orlando
Single-family investment office W5 Group has announced the development of The Retreat at Orlando, a 602-bed, 138-unit student housing development… Read more
Loan Delinquencies Skyrocket as Student Housing Occupancies Are Displaced
The start of the 2021-2021 academic year has been a back-to-campus scene like no other, replete with “temperature checks, signs… Read more
Century 21 Files for Chapter 11, Will Close All Stores
Off-price retailer Century 21 Stores, founded in Lower Manhattan in 1961, became the latest retailer to file for Chapter 11… Read more
Berkshire Property Makes Its Largest Metroplex Multifamily Buy
Berkshire Property Holdings has made its second and largest multifamily investment in the Dallas Metroplex in the span of eight months,… Read more
California Continues to Report “Outsized” Share of Jobless Claims
California’s unemployment claims rose to a total of 237,500 last week, the Labor department reported on Thursday. That reflects a… Read more
CushWake Taps McNamara as Director in Central Florida
Cushman & Wakefield has hired Alec McNamara as a Director in the firm’s Orlando office. He will focus on the… Read more
Avison Young Taps Marko as Principal in South Florida
Avison Young has announced the appointment of Paul Marko as principal in the firm’s South Florida office. Marko will be… Read more
Berkadia Secures $43M Acquisition Loan for Fort Lauderdale Apartments
Berkadia has secured a $43.2 million acquisition loan for AMLI Flagler Village, a 218-unit, mid-rise multifamily property in the Flagler… Read more
Marcus & Millichap Brokers Sale of Net-Leased Retail Property in West Virginia
Marcus & Millichap has arranged the sale of a 8,500-square-foot retail property in Kenova, W.V. currently net-leased to Dollar General.… Read more