Florida
Related Urban Winning Bidder for Miami Affordable Housing Venture
Related Urban Development Group (RUDC), Related Group’s affordable housing arm, is close to securing a land lease with Miami-Dade County… Read more
Basis Acquires 5-Property Tampa Warehouse Portfolio
Basis Industrial purchased a portfolio, including five business parks in the Tampa area, for $60 million. The properties ranged from… Read more
ExchangeRight Fully Subscribes Net-Leased All-Cash 9 DST
ExchangeRight, a Pasadena, CA-based provider of diversified real estate DST and REIT investments, said Monday that its Net-Leased All-Cash 9 DST… Read more
204K-SF Coral Springs Office Building Sells for $30M
The Bristol Group sold University Place at City Center at 3115 N. University Drive in Coral Springs for $30 million… Read more
Sarasota Condo Developers Close $208M Financing Deal
PMG and MoneyShow secured $208 million in construction financing for One Park Sarasota, an 18-story condominium development located within Downtown Sarasota’s vibrant bayside… Read more
S. Florida Hotel Sector Thriving
CBRE forecasts that revenue per available room (RevPAR) across key South Florida markets will continue to grow steadily in 2025, as… Read more
Value-Add Palmdale Apartments Trade for First Time in Three Decades
Northmarq’s Los Angeles Multifamily Investment Sales team of Steven Goldstein, Jeff Benson and Sam Neumark brokered the sale of Chaparral Apartments in Palmdale for $71 million. Northmarq represented the… Read more
New Baseball-Centric Entertainment Concept to Debut in Katy
Taroko Sports will open the first of a number of planned American entertainment concepts in Katy, TX (24539 Katy Fwy).… Read more
Baron Property Group Adds to Hialeah Portfolio
Baron Property Group announced $206 million in construction financing for Metro Parc North, a new ground-up residential development in Hialeah,… Read more
Affiliated Closes $80M Financing, Starts Work on Ft. Lauderdale Apartments
Affiliated Development closed on financing and started construction on the firm’s newest multifamily development project in Fort Lauderdale, The Era.… Read more
Gateway Jax to Revamp Century-Old Hotel
Development firm Gateway Jax will restore the Ambassador Hotel with the partnership of The Indigo Road Hospitality Group. Gateway Jax, made… Read more
Swift Creek Trades Brentwood Shopping Center for $118.5M
Regency Centers Corp. paid $118.5 million for the Brentwood Place Shopping Center. The Nashville Business Journal reports the center has… Read more
13th Floor, JSB Teaming Up on 383-Unit Broward County Apartments
A joint venture between 13th Floor Investments and JSB Capital Group is preparing to break ground on Parks at Davie, a multifamily development… Read more
Foundry Developing $95M Edgewood Industrial Park
Foundry Commercial is developing Edgewood Park of Commerce, a six-building commercial and industrial flex space on 25 acres at 4881… Read more
Ardent to Convert Sanford Mall into Mixed-Use Venture
The Ardent Companies (Ardent) acquired 76 acres of the Seminole Towne Center site in Sanford, FL, for $17.5 million. Ardent… Read more
PPG, BH3 Ink $225M Refi on Hallandale Beach Apartments
PPG Development and BH3 Management secured a $225 million refinancing for Slate Hallandale Beach, a 250-unit luxury residential tower that… Read more
$1.3B Rays Stadium Deal Falls Through
The Tampa Bay Rays’ plans to build a stadium and mixed-use entertainment district in downtown St. Petersburg are dead. Connect… Read more
Capital Partners Procures Loan for Ft. Myers Airport Project
Capital Partners has obtained a $45 million construction loan to develop Oriole Logistics, a 442,000-square-foot industrial property in Fort Myers.… Read more