Florida
Faris Lee Secures $33M Acquisition Financing for Jacksonville MF Property
Capital markets and investment sales firm Faris Lee Investments has secured a $32.8 million acquisition loan for Mission Springs Apartments,… Read more
California Market Values Flatline Against Backdrop of U.S. Rent Growth Acceleration
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to the June Zillow Real Estate Market… Read more
CBRE Tapped to Sell 18-Acre MXU Site in Miami
The City of Miami has selected CBRE’s Public Institutions and Education Solutions Group to sell an 18-acre mixed-use development site… Read more
NorthMarq Secures $16M Equity for Tallahassee Student Housing Project
NorthMarq has secured $16.2 million in equity for Haven 17, a 702-bed student housing project nearby Florida State University in… Read more
CushWake Arranges $49M Sale of Whole Foods-Anchored Shopping Center in Fort Myers
Cushman & Wakefield has brokered the $49-million sale of Daniels Marketplace, a newly- constructed, 106,739-square-foot Whole Foods-anchored shopping center in… Read more
JV Developing 352-Unit MF Community in Orlando
PCCP and Fore Property Company have formed a joint venture to develop The Westerly, a planned, 352-unit multifamily community in… Read more
InvenTrust Claims Costco-Anchored Retail Center in West Palm for $97M
InventTrust Properties Corp. (IVT) acquired Southern Palm Crossing, a 346,200-square-foot Costco-anchored retail center in Royal Palm Beach for $97 million.… Read more
CushWake Tapped to Lease 354K-SF Office Campus in Fort Lauderdale
John Criddle and Joseph Freitas of Cushman & Wakefield have been selected as exclusive leasing advisors for Radice Corporate Center,… Read more
Starwood JV Divests Jacksonville’s Capital Plaza for $52M
CBRE arranged the $51.5 million sale of Capital Plaza, a three-building, 43-acre office campus totaling 417,513 square feet in Jacksonville’s… Read more
A-Rod Corp. Acquires 12K-SF Office Condo in Coconut Grove
Miami-based investment firm A-Rod Corp. acquired a 12,700-square-foot office condo at Grove at Grand Bay, a two-tower mixed-use project located… Read more
Ladder Capital Provides $58M Refinancing for Fort Walton Beach Hotel Portfolio
Ladder Capital Finance provided a $58.5 million loan to refinance a 330-room, two-property hotel portfolio in Fort Walton Beach. The… Read more
Regus to Launch Franchising Program
Workspace provider Regus, headquartered in the Dallas suburb of Addison, TX, launched its new U.S. franchising program. The company is… Read more
Laramar Group Snags Fractured Condos in Tampa for $49M
Laramar Group acquired 379 units at Stillwater Palms, a 432-unit condominium community in Tampa for $49.6 million. Built in 1985,… Read more
Rialto Management Group Signs 46K-SF Office Lease in Downtown Miami
Investment and asset management portfolio platform Rialto Management Group signed a 46,746-square-foot lease at Southeast Financial Center, a 55-story office… Read more
NKF Arranges Sale of 50-Property Self-Storage Portfolio
NKF arranged the sale of a 50-property self-storage portfolio spread across six states. The portfolio, which measures more than 3.1… Read more
California Ranks as One of Worst States to Retire
California ranks 43rd overall in a new national Bankrate.com report that ranks the best states in which to retire. The… Read more
TSCG Tapped to Lease $150M MXU Project in Tallahassee
The Shopping Center Group (TSCG) has been tapped as the exclusive leasing agent for North American Properties’ The Cascades, a… Read more
Ghitis Property Co. Acquires Beltline Apartments for $66M
Miami-based Ghitis Property Co. acquired Ayla on Krog, a 222-unit apartment property on the Atlanta Beltline Eastside Trail in Inman… Read more
Q&A: South Florida Industrial Market Continues Evolution
More than 3.4 million square feet of industrial and flex space is currently under construction in Miami-Dade County, and an… Read more