Florida
Welltower in $1.25B, 55-MOB Deal with CNL Healthcare Properties
Toledo, OH-based Welltower Inc. agreed to buy a portfolio of Class A medical office and outpatient facilities comprised of 55… Read more
Weaker Housing Market Drives Growth in Apartment Sector
A weaker national housing market continued to benefit the apartment market, according to research by Reis. The apartment vacancy rate was… Read more
Jernigan Adds LI CubeSmart Facility to Portfolio
Memphis-based REIT Jernigan Capital (JCAP) has acquired the membership interest of its developer partner in a recently-completed self-storage facility in… Read more
Xebec Secures Construction Financing for Florida Spec Logistics
Dekel Capital arranged $34.3 million in construction financing for a speculative 537,000-square-foot Class-A logistics facility in Lakeland, FL, on behalf… Read more
Belgravia, LMC Close on Land in East Bucktown
Chicago-based Belgravia Group and Lennar subsidiary LMC have closed on a 4.1-acre parcel of East Bucktown land known as Triangle… Read more
Aries Capital Provides Refi on Comfort Inn
Aries Capital has arranged a $7.05-million bridge loan to refinance the Comfort Inn at 3010 Finley Rd. in Downers Grove,… Read more
Healthcare Real Estate Insights Names 2018 Award Winners
Healthcare Real Estate Insights™ announced the winners of the 2018 HREI Insights Awards™, the only national awards dedicated to recognizing… Read more
JLL Snags 20-Member CRE Team in Central Florida
An entire team of commercial real estate professionals from Orlando-based Cite Partners has joined JLL. The 20 new hires include… Read more
TH Real Estate Raises $330M for U.S. Industrial Fund
New York-based TH Real Estate, an affiliate of Nuveen, TIAA’s investment management arm, closed the TH Real Estate U.S. Strategic Industrial Fund… Read more
Stark, Campus Advantage to Co-Develop Gainesville Student Housing
Cleveland-based Stark Enterprises, in partnership with Austin, TX-based Campus Advantage, plans. to develop Liv+ Gainesville, a 618-bed student housing property… Read more
Lightstone Secures $73M Financing for Moxy South Beach
New York-based Lightstone received $73 million in financing from Canyon Partners Real Estate LLC and CapitalSource, a division of Pacific Western… Read more
CushWake Expands Healthcare Advisory Practice with Trio of Leaders
Cushman & Wakefield expanded its Healthcare Advisory Practice with three new additions. Joining the firm are Chris Barnet, Melissa Horta… Read more
Workforce Housing Well Positioned to Outperform Market, CBRE Analysis Finds
Strong market fundamentals are attracting a wide variety of investors to workforce housing, creating good returns and helping to preserve… Read more
PGIM, Carroll Claim Southeast MF Portfolios for $600M
A joint venture partnership between Atlanta-based Carroll Organization and PGIM Real Estate acquired three Southeast multifamily portfolios totaling more than… Read more
Blackstone Sells Orlando Resort for $900M
A newly-formed joint venture among funds managed by Honolulu-based Trinity Real Estate Investments LLC and funds managed by Elliott Management… Read more
Yardi Matrix Reports Cooling Multifamily Market No Cause for Alarm
Despite an expected seasonal decline, the U.S. multifamily market has enjoyed a solid year in 2018. Rents fell by $2… Read more
Spec Logistics Center Planned in Central Florida
Red Rock Developments, Westport Capital Partners LLC and Wharton Industrial plan to develop Florida Crossroads Logistics Center, a 617,046-square-foot spec… Read more
PGA Moving HQ to North Texas, Will Anchor 600-Acre MXU
The Professional Golfers’ Association of America is relocating its headquarters from Palm Beach County, FL to Frisco, TX, where it… Read more
Transwestern Acquires 184 Acres in Florida, Plans 1M-SF Spec Industrial
Transwestern Development Co., in partnership with a private real estate fund advised by Crow Holdings Capital-Real Estate, acquired 183.5 acres… Read more