Florida
Brad Knolle Promoted to Embrey EVP
Multifamily investor, owner, manager and developer Embrey Partners Ltd. promoted Brad Knolle to executive vice president of development. In his… Read more
Cyxtera Technologies Expands to 45K SF
Cyxtera Technologies, which acquired Brainspace in 2017, expanded its North Texas footprint to 45,000 square feet at Addison Circle One… Read more
Patriot Self Storage, Passco, Plant Local Stake
Passco Cos. LLC, in partnership with Patriot Self Storage Management, entered Texas with a 54,295 square-foot, self-storage acquisition. The asset… Read more
The Effect of Trump’s Presidency on His Real Estate
In an effort to see how and if President Trump’s status as President is affecting his real estate holdings, realtor.com… Read more
Hyatt Sells San Francisco Hotel in Three-Property, $1B Deal
The Grand Hyatt San Francisco was part of a trio of hotel properties divested by Hyatt Hotels Corporation to Host… Read more
1M-SF Miami Live-Work-Play Development Approved
CK Privé Group’s Uptown Biscayne, a nearly one-million-square-foot, mixed-use development in North Miami Beach, received City Council approval to proceed.… Read more
Parmenter Ends Hold on 806K-SF Brookhollow Central
Parmenter of Miami, FL ended its six-year hold on the three-building, 806,541-square-foot Brookhollow Central office campus on Houston’s northwest side.… Read more
California’s Livability Ranking Dips to Four-Year Low
California’s livability slipped to a four-year low in Gallup’s annual “Well-Being Index” poll that ranks the nation’s states for quality… Read more
Ritz-Carlton Sarasota Trading for $171M
Ashford Hospitality Prime, Inc. is buying the 266-room Ritz-Carlton Sarasota in Sarasota, FL from SLAB LLC, for $171 million. The Dallas-based… Read more
MLB’s Alex Rodriguez Grows Real Estate Empire, Shares Insights
Alex Rodriguez, better known as A-Rod and most famous for his astounding 22-season MLB career, is growing his real estate… Read more
NY Developer Plans 420K SF in Emerging Miami Neighborhood
An office submarket is finally emerging in Miami’s Wynwood neighborhood, an industrial zone that’s transitioning into a retail, dining and entertainment… Read more
CRE Construction Volume Declined 7% in 2017
Many of the leading U.S. metropolitan areas for commercial and multifamily construction starts showed reduced activity in 2017 compared to… Read more
Tracking a Dozen Hospital Developments Bigger Than $300M
Healthcare-related development is booming. According to Dodge Research & Analytics, construction on healthcare facilities climbed 29% in December 2017 over… Read more
144-Bed Mesa Vista Inn Healthcare Center Trades Hands
Kayne Anderson Real Estate sold the 144-bed Mesa Vista Inn Healthcare Center. The post-acute, skilled nursing facility near San Antonio’s… Read more
Dallas Investor Snags 810-Unit Vista on Gessner
Dalcor Cos., a Dallas investor, acquired the 810-unit Vista on Gessner in Houston. The seller, listed as Calingford Apartments of… Read more
Berkadia Arranges Financing for $97M Palm Beach County MF Buy
The Fountains, a 542-unit multifamily community located in Palm Beach County, FL, is set to undergo a renovation following Berkadia… Read more
Gramercy Acquires Amazon Jacksonville Fulfillment Facility
New York-based Gramercy Property Trust Inc. acquired the recently-completed Amazon.com fulfillment center in Jacksonville’s Cecil Commerce Center from Hillwood Investment… Read more
Avison Young Negotiates 5 Deals at Broward’s Trade Centre South
Avison Young completed 60,000 square feet of office lease transactions at Trade Centre South, a 215,000-square-foot office project located in… Read more
Yardi Matrix: Multifamily Muddling Along
In the words of research company Yardi Matrix, “U.S. multifamily rents in January (2018) continue to muddle along.” Specifically, according… Read more