Florida
Connect South Florida: Population Growth is Driving Demand for Affordable Housing
Population growth in the United States has slowed overall in recent years, but South Florida has continued it’s remarkable and… Read more
Clearwater Apartment Community Trades for $63M
Berkadia has arranged the $62.5 million sale of Dunedin Commons, a 280-unit, garden-style apartment community in Dunedin. The community is… Read more
Xenia Lands Recently-Built Hyatt Regency in PDX for $190M
Orlando-FL-based Xenia Hotels & Resorts acquired the 600-room Hyatt Regency Portland at the Oregon Convention Center for $190 million. The… Read more
Hersha Offloads Hotels in Boston, NYC, Miami
Hersha Hospitality Trust has entered into binding sales contracts for two consolidated hotels and two unconsolidated joint venture assets for… Read more
Grand Hyatt Selected as Flag for Miami Beach Convention Center Hotel
The development team behind Miami Beach’s new Convention Center hotel announced that the 800-room property will be operated by Hyatt… Read more
Plans Announced for 248K-SF Shopping Center in Florida Panhandle
Real estate development, asset management and operation firm St. Joe Co. has announced plans to build a 248,000-square-foot outdoor lifestyle… Read more
Fast Absorption of New Industrial Tempers Concerns About Oversupply
Developers completed construction of 289 million square feet of industrial and logistics real estate across the U.S. in 2019, but… Read more
Legacy Partners to Develop 350-Unit Apartment Complex in Orlando
Privately-held national real estate firm Legacy Partners and joint venture partner Phoenix Capital Partners have announced plans to develop a… Read more
Planet Fitness Signs 18K-SF Lease at River Landing Shops in Miami
Global fitness center operator Planet Fitness has signed a lease to occupy 18,560 square feet at the $425 million River… Read more
Marcus & Millichap Arranges $5M Sale of Two South Georgia MF Properties
Marcus & Millichap has arranged the sale of two multifamily properties in Bainbridge, GA. Both properties sold for a total… Read more
Jacksonville Office Tower Trades for $67M
Miami-based Easton & Associates has brokered the $67 million sale of 841 Prudential, a 20-story office tower in Jacksonville. Built… Read more
ILPT Forms JV on 12-Property Industrial Portfolio
Industrial Logistics Property Trust (ILPT) formed a $680-million joint venture with an Asian institutional investor for a 9.2-million-square-foot portfolio of… Read more
Marcus & Millichap Promotes Shiebler to VP in Tampa
Marcus & Millichap has announced the promotion of James Shiebler to Vice President of Investments in the firm’s Tampa office.… Read more
Starwood REIT Snags Southeast Affordable Housing Portfolio for $461M
Starwood Real Estate Income Trust Inc. (SREIT) has acquired an 18-property, 3,336-unit affordable housing portfolio in Florida and North Carolina.… Read more
Novel Coworking Acquires 53K-SF Office Building in St. Petersburg
Coworking company Novel Coworking has acquired a five-story office building in downtown St. Petersburg for an undisclosed price. Located at… Read more
IRR: Multifamily Fundamentals Ensure Continued Secure Sector
Integra Realty Resource’s (IRR) 2020 Viewpoint National Multifamily Report could be summed up in one sentence: “Multifamily specialists are upbeat… Read more
Defense Contractor Renews Winter Park Lease
Denholtz Properties signed a lease renewal with defense contractor Zel Tech Training Solutions, LLC (ZTS) for 18,732 square feet of… Read more
SREIT Acquires 3,300 Affordable Units in Southeast
Starwood Real Estate Income Trust (SREIT) acquired a stabilized Southeast affordable housing portfolio with 3,336 units across 18 Sun Belt… Read more
Cardone Capital Snags 360-Unit Apartment Property in Panama City Beach
Cardone Capital has acquired The Retreat at Panama City Beach, a 360-unit apartment community in Panama City Beach. The sales… Read more