Florida
FL Sagamore Hotel Sells for $63M Following Owner’s Death
The 93-room Sagamore Hotel at 1671 Collins Ave. in Miami Beach was sold to the InSite Group for $63 million. The… Read more
Orange County’s Construction Job Growth Tops Nation
Orange County added 12,500 construction jobs year over year since February 2015, according to data from the Associated General Contractors of America.… Read more
Kimco Pays $300M for Hollywood, FL Retail
Kimco Realty Corp. has paid Canada Pension Plan Investment Board for its remaining 45% ownership interest in the Oakwood Plaza… Read more
Latin American Center Plans Move to Four Seasons Tower
HSBC has signed an 8,000-square-foot lease to relocate its Latin American International Center to Four Seasons Tower at 1441 Brickell… Read more
$210M Star Metals MXU On Tap for Atlanta
Coral Gables, FL-based Allen Morris Co. has announced plans for Star Metals, a $210-million, mixed-use project to be built in… Read more
Coral Gables Holiday Inn Site Fetches $44M
NP International has acquired the site of a half-century old Holiday Inn, with plans to build a mixed-use development called Paseo… Read more
CREXi Taps Former Blackstone Exec, Opens Miami Office
Online commercial real estate marketplace CREXi has hung a shingle in Miami, FL. Eli Randel, formerly with Blackstone Invitation Homes,… Read more
NYC’s Hunt Provides $35M MF Loans in Florida
Hunt Mortgage Group, headquartered in New York City, has provided loans totaling $35.3 million for Florida multifamily properties. Four of… Read more
North American Title Opens CRE Office in Salt Lake
Miami, FL-based North American Title (NAT) has opened a commercial real estate-only office in Salt Lake City’s Wells Fargo Center,… Read more
Wentworth Snags 228K Office for $17M
A Phoenix-based company has acquired a 228,000-square-foot vacant office building in Tempe, AZ. Wentworth Property Co. struck a $16.5-million deal… Read more
Belara Lakes Acquired for $22M
Federal Capital Partners (FCP), headquartered in Chevy Chase, MD, acquired the 324-unit Belara Lakes Apartments in Tampa, FL for $22.4… Read more
Corporate Center Trades for $30M
Two New York entities struck a deal to trade the 113,365-square-foot Corporate Center at the Gardens in Palm Beach Gardens,… Read more
Bluerock Pays $54M for FL Multifamily
Bluerock Residential Growth REIT Inc., headquartered in New York City, acquired the 340-unit Alexan Henderson Beach Apartments from Trammell Crow… Read more
Condo/MF Mix Under Contract for $82M
Owens Realty Corp. has signed an agreement with Interwest Capital Corp. to sell Treasures on the Bay (TOTB) for $82… Read more
Courvoisier Centre Obtains $106M Loan
Parkway Properties Inc. has obtained a $106.5 million loan for recapitalization of Courvoisier Centre in Miami. The 343,000-square-foot, two-building, Class… Read more
Wynwood Property Sells for $22M
A 49,000-square-foot lot containing a 26,764-square-foot building has sold to Miami Beach investor Sam Herzberg for $22 million. Wynwood Propco… Read more
Regency Moves Forward with $230M UTC Redev
Jacksonville, Fla.-based Regency Centers Corp. is seeking to move forward on a $230-million expansion and redevelopment of Costa Verde Center… Read more
WaterWalk Targets TX, CO for Development
Wichita, KS-based WaterWalk Hotel Apartments, a model that expands mostly through franchising, has signed a $150 million agreement with Rockford… Read more
Generation Income Starts $20M Capital Raise
The Securities and Exchange Commission (SEC) has approved the sale of shares by Generation Income Properties Inc., through its Regulation… Read more