Florida
Miami Airport Hotel Trades for $16.2M
B & B Hotels has picked up The Onyx Hotel Miami Airport for $16.2 million and will rebrand it. The… Read more
Apartments Planned Near The Villages
If you like golf, a new apartment complex planned just outside The Villages may be for you. It will be… Read more
Miami Office Building Sells at 20% Loss
Fifteen Group sold the 51,806-square-foot office building at 801 W. 41st Street/Arthur Godfrey Road to Igal Haimov for $17.5 million,… Read more
Ellison Acquires the Eau Palm Beach Resort & Spa
Oracle co-founder Larry Ellison has acquired the Eau Palm Beach Resort & Spa from the Lewis Trust Group. The 309-room… Read more
Chicago/Midwest People & Company News, week of August 9, 2024
Kiser Group has promoted Will Mast to advisor. Mast began his tenure at Kiser as an associate, and in his… Read more
Former Allstate Campus Plans Disclosed
Rebranded as The Pondry, Trevato Development Group is redeveloping the former Allstate campus in Jacksonville. The project will add residential and… Read more
Sinatra Pays $64.3M for Cocoa Apartments
Sinatra & Co. acquired the Cocoa Grand Apartments, its first multifamily asset in Cocoa, Florida, and its fifth asset in… Read more
Kimpton Hotel to Rise Near Kia Center
Machete Group and JMA Ventures will bring a Kimpton hotel to the Westcourt mixed-use project in downtown Orlando. The hotel will rise… Read more
Cushman & Wakefield Brokers Sale of Fort Lauderdale Office Complex
Cushman & Wakefield has arranged the $26 million sale of Commercial Place I and II, a two-building, Class A office… Read more
Pura Vida Miami Coming to Brooklyn for Second NYC Location
Rubenstein Partners’ 25 Kent, a mixed-use office, retail, and light manufacturing building located in Williamsburg, Brooklyn, signed a 10-year, 4,089-square-foot lease with Pura Vida Miami, a… Read more
Excelsa Takes On 447-Unit St. Pete Rental Community
The Drake at St. Pete, a 477-unit multifamily community located at 1699 68th Street N., St. Petersburg, sold for $61.58 million.… Read more
Developers Upgrading St. Pete’s Hotel Zamora
Construction is underway on the $7.5 million renovation of The Hotel Zamora in St. Pete Beach, with completion expected this fall. The… Read more
Dallas-Based Tenet Unloads 5 Hospitals for $910M
Dallas-based Tenet Healthcare sold its 70% majority ownership interest in Birmingham, Ala.-based Brookwood Baptist Health to Orlando Health. The proposed… Read more
Orlando Health Spends $910M on 5 Alabama Hospitals
Dallas-based Tenet Healthcare sold its 70% majority ownership interest in Birmingham, Ala.-based Brookwood Baptist Health to Orlando Health. The proposed… Read more
Orlando Prepping Stadium for Future
City of Orlando is moving forward on $400 million in upgrades for Camping World Stadium. The next step is picking… Read more
Silver Star Pays $26.5M for Delray Beach Self-Storage Facility
Silver Star REIT completed its fourth self-storage property acquisition, a 907-unit, 81,370-square-foot Class A facility in Delray Beach, Florida. The… Read more
Publix to Add Nocatee Store
Publix is moving forward on plans to build a $14 million grocery store at Nocatee Town Center in St. Johns… Read more
Banks See More Office Loans at Risk of Default
Bank data from the first quarter of 2024 show the percentage of criticized loans — meaning those at greater risk… Read more