Florida
One Hedge Fund Billionaire’s Home-Price Record Shatters Another’s
A $100-million home? That’s pretty quaint, if you’re Citadel’s Ken Griffin. The hedge fund billionaire has reportedly broken the U.S.… Read more
Marcus & Millichap Handles Central Florida Industrial Portfolio Sale
American Industrial Center (AIC), an 820,000-square-foot industrial park in Longwood, FL, has been sold to a joint venture between Blue… Read more
Jeffersonville Apartments Will Be Waypoint’s First QOZ Project
Waypoint Residential will develop the Walcott Jeffersonville, a Class A multifamily property in Jeffersonville, IN. The 214-unit project will be… Read more
Welcome Group Nets $300M for Expansion
Houston’s Welcome Group is set to receive up to $300 million of investment from New York real estate firm Almanac… Read more
Winsupply Adds Regional Distribution Center in Jacksonville
Winsupply Inc. plans to open a new regional distribution center in Jacksonville this year. The national distributor of construction and industrial… Read more
CBRE Handles Design Firm’s OKC Office Relocation
Benham Design is moving to a newly-remodeled 27,680-square-foot office at Quail Springs Parkway Plaza in Northwest Oklahoma City. The subsidiary… Read more
Lightstone Launches CRE Debt Platform
National real estate investor and developer Lightstone has launched a real estate debt platform, Lightstone Capital. It has hired Eugene Rozovsky, previously with Madison Realty… Read more
Lawmakers to Trump: Leave Harvey Money Alone
Texas Governor Greg Abbott joined forces with U.S. Senators John Cornyn, Ted Cruz and a bi-partisan group of members from… Read more
The Crowded, Competitive Co-Working Sector
Mention the term co-working, and the first thought that might come to mind is WeWork. However, dig beneath the news… Read more
One Real Estate Investment Sells Winding Trails as Value-Add Play
One Real Estate Investment of Miami, FL sold the 438-unit, Class B Winding Trails apartment complex in southwest Houston. The… Read more
CREFC Takeaways: Addressing Divisive U.S. Politics Weight on Commercial Real Estate
The current political climate was a top line topic among panelists at the CREFC Miami conference, a discussion that immediately focused… Read more
QSR Garners Brand’s Highest Price/SF in Midwest
Hanley Investment Group Real Estate Advisors recently arranged the sale of a new single-tenant Raising Cane’s Chicken Fingers quick-service restaurant in the Twin… Read more
Longpoint Closes Debut Fund with $280M Raise
Boston-based Longpoint Realty Partners closed on its inaugural real estate private equity fund, Longpoint Realty Fund I, LP with $280… Read more
U.S. Multifamily Sector Riding a Robust Cycle
Despite finishing flat, the U.S. multifamily sector enjoyed a solid year in 2018. The $1,419 average national rent in December,… Read more
Big Lots Backfilling Beaumont Toys R Us
A retail site in Beaumont, TX that once housed Toys R Us and Babies R Us space will be home… Read more
St. Pete Beach FL Hotels Snagged for $100M
A pair of waterfront hotels totaling 258 rooms in St. Pete Beach, FL have traded hands for $100 million. The… Read more
Retail Segment Battered, But Weathers Storm
Given the many store closures across the U.S., minimal changes in vacancy rates show how the retail sector has withstood… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
Avison Young Secures $71M Bridge Loan for Orlando MF
A $70.5 million bridge loan was arranged for CitiTower, a 25-story, Class A+ multifamily development with 233 units at 101… Read more