Florida
Velocis, CREC Capital Claim $39M Financing for West Palm Beach Tower
A joint venture between Velocis and CREC Capital secured a $39 million loan for One Clearlake, a 221,079-square-foot, Class A… Read more
Hunt Provides Fannie Mae DUS Loan for Hialeah MF
Hunt Real Estate Capital provided an $8.19-million Fannie Mae conventional loan to refinance a multifamily property located in Hialeah, FL.… Read more
Mosaic, Brookview Secure Construction Financing for St. Pete MF
A JV between Mosaic Development LLC and The Brookview Cos. secured a $16-million construction loan for the development of Gallery… Read more
Walt Disney World to Furlough 43K Workers
Disney World plans to furlough another 43,000 union workers in Central Florida starting April 19. The Service Trades Council Union,… Read more
NorthMarq Expands MF Investment Sales Team in Central & South Florida
NorthMarq expanded its investment sales capabilities in Florida with the addition of Errol Blumer (above left) and Justin Hofford (above… Read more
Starwood Capital Lands $76M for Miami Beach HQ Development
Starwood Capital Group secured a $76.16 million construction loan to build its 144,430-square-foot headquarters facility in Miami Beach. The loan… Read more
Berkadia Adds Pair to Investment Sales Team in Orlando
Berkadia added a pair of managing directors to its Orlando investment sales team. Matt Wilcox and Brett Moss (pictured above)… Read more
Brennan Completes Complex Corporate Real Estate Transaction in Port St. Lucie
Chicago-based Brennan Investment Group completed development of a 411,000-square-foot industrial distribution building located in Port St. Lucie, FL for City… Read more
Cedarwood Completes Construction of Orlando Self-Storage Facility
Fairlawn, OH-based Cedarwood Development completed construction of its first self-storage facility in the United States, a 787-unit, 117,000-square-foot property located… Read more
Miami Hosts 2020 ULI, Gerald D. Hines Student Urban Design Competition
A gathering of students from around the United States will convene online to compete in the 18th annual ULI /… Read more
Related, PGIM, Shoma Sell Doral MF Complex to Harbor for $100M
CityPlace Doral Flats, a mixed-use apartment complex in South Florida, has traded hands for $100 million. Norfolk, VA-based Harbor Group… Read more
Trio of Multifamily Developments on Docket in Orlando
RD Management is redeveloping three multifamily projects in Orlando. A former Orlando Jai Alai fronton and neighborhood strip center is… Read more
Medical Device Firm Acquires N. Central Florida Manufacturing Facility
NBP Properties, LLC, an affiliate of NovaBone Products, acquired a 28,868-square-foot building in Alachua from Simon Willard LLC for an… Read more
Preferred Picks Up 392-Unit Multifamily Community in Tampa
Atlanta-based Preferred Apartment Communities, Inc. (PAC) acquired Altis Wiregrass Ranch, a newly-constructed 392-unit Class A multifamily community in Tampa. PAC… Read more
New York Investor Sells Jacksonville Apartment Asset
New York-based Quad Property Group divested Promenade Park Avenue, a 105-unit, garden-style multifamily property in Jacksonville’s Orange Park community for… Read more
1,675-Acre Sunrock Groves Ranch Sold in Southwest Florida
Sunrock Groves Ranch in Hendry County, FL has traded hands for $14,154,115. The 1,675-acre property, located in LaBelle, is a… Read more
Broadshore Buys Jacksonville Value-Add Apartment Property for $37M
Los Angeles-based Broadshore Capital Partners acquired Victoria at Orange Park in Jacksonville for $37.1 million. The apartment community offers 280-units… Read more
Top Broker Honoree: NKF’s Avery Klann, Hampton Beebe, Patrick Dufour
Avery Klann, Hampton Beebe and Patrick Dufour lead NKF’s Multifamily Investment Sales Teams throughout Florida. The statewide team, with offices… Read more
Top Broker Honoree: Berkadia Central/North Florida Team
With 86 years of collective experience, Cole Whitaker, Mary Beale, Lauren Gassie, Jason Stanton, Greg Rainey, and David Etchison have… Read more