Florida
Zilber Trades Bradenton Rental Community for $92.1M
Zilber Residential built the Vida Lakewood Rancho apartments in Bradenton and has now sold the 304-unit complex to an undisclosed… Read more
Hollywood Hospital Owner Spending $670M on Major Expansion
Memorial Regional Hospital is embarking on a $670 million expansion with the launch of its new Surgical and Patient Bed… Read more
Longpoint Spins Off Broward Co. Industrial Portfolio for Nearly $70M
Longpoint Ventures unloaded three Broward County warehouse properties to MIG Real Estate Industrial for $69.9 million. Bank of America provided MIG… Read more
Blackstone Pays $200M for Charlotte Harbor Resort
Blackstone (NYSE: BX) acquired Sunseeker Resort Charlotte Harbor from Allegiant Travel Company (NASDAQ: ALGT) for $200 million. Allegiant Travel is the holding company that… Read more
Butters Begins Construction on 500K-SF Boynton Beach Warehouse Project
BMO Bank provided a $73.5 million construction loan to a joint venture of Butters and Jon Channing to build The… Read more
Walker & Dunlop Closes $240M LIHTC Investment Fund
Bethesda-based Walker & Dunlop, Inc. has closed Fund 124, a $240 million multi-investor Low-Income Housing Tax Credit (LIHTC) investment fund… Read more
Kissimmee Moving Forward on Convention Center Hotels
The City of Kissimmee commissioners chose Skyview Cos. and Azure Hotel International to build downtown hotels. These would be the… Read more
Housing Trust Group Launches Fort Lauderdale Affordable Housing Community
Housing Trust Group (HTG) and Mount Hermon African Methodist Episcopal Church started accepting tenants at the Mount Hermon Apartments, a 104-unit,… Read more
113K-SF N. Miami Shopping Center Sells for $17.8M
SouthEast Properties sold a 113,887 square foot shopping center at 5503 and 5645 S. University Drive to a joint venture… Read more
Town Lane Picks Up Two Gulf Coast Senior Housing Centers
Town Lane acquired two Class A Independent Living communities in Naples and Sarasota. Each is co-located on campuses with Assisted… Read more
Mapletree Closes First Major U.S. Warehouse Divestment in Sale to Faropoint
Mapletree Investments Pte Ltd has sold a 1.8-million-square-foot industrial portfolio to Faropoint for $328 million. This transaction marks Mapletree’s first major… Read more
Berkadia Arranges Debt, Equity for Tampa Value-Add Property
Berkadia arranged the debt and equity recapitalization of Pointe at Carrollwood, a 224-unit value-add apartment community in northwest Tampa, Florida.… Read more
Hospitality Group Completes Pompano Beach Resort Makeover
Fort Lauderdale Marriott Pompano Beach Resort completed a multimillion-dollar renovation project that began nine months ago. Located at 1200 N. Ocean… Read more
Simon Acquires Remaining Interest in Brickell City Centre
Simon has acquired Swire Properties’ interest in the retail and parking at Brickell City Centre. Completed in 2016 and located… Read more
Miami Joint Venture Buys Dog Track, Planning over 1,000 Rental Units
Investment Corp. of Palm Beach, managed by Palm Beach resident Patrick Rooney Jr., sold 16 acres of the 47.3-acre Palm… Read more
JV Raises $240M for Palm Beach College Housing Project
Gilbane, in partnership with Palm Beach Atlantic University (PBA), has reached financial close of a $240 million public-private partnership (P3)… Read more
Kushner, PTM Obtain Financing on Biscayne Bay Rental Community
Corebridge Financial provided $87.3 million to refinance 2000 Biscayne, a newly built, Class-A multifamily building totaling 420 units in Miami,… Read more