Florida
Costco Pays $55M for 55-Acre Fort Myers Location
Costco Wholesale has acquired a 55-acre development site in Fort Myers. The retail giant paid $55 million for the parcel… Read more
Related Ross Helming Wellington Mixed-Use Venture
Related Ross announced Village Landing, a 71-acre mixed-use development in Wellington. It will bring together retail, dining, office, hospitality, and residential offerings.… Read more
Benderson Developing 700-Acre Mixed-Use Project in The Villages
Benderson Development, in collaboration with The Villages, plans to develop Legacy Place, a 700-acre mixed-use development in Central Florida. The… Read more
Merrimac Snags $62.5M Construction Loan for Ocala Apartments
Merrimac Ventures, in partnership with Southern Waters Capital, has secured $62.5 million in construction financing from ACORE CAPITAL to fund… Read more
Daytona Beach Student Housing Investors Ink $53.7M Refi
L3 Campus and Aureon Partners have obtained a $53.7 million refinancing for the OnShore apartments, a 210-unit/636-bed student housing project… Read more
St. Pete Beach Resort Trades for $31.5M
OTO Development paid $31.5 for a St. Petersburg resort that was recently renovated due to hurricane damage. The 102-key Beachcomber… Read more
Redfearn Lands Refi on 8-Building Jax Warehouse Facility
Redfearn Capital secured financing for an eight-building Jacksonville-area portfolio totaling $48 million. Prospect Ridge provided the financing. The portfolio includes… Read more
Indianapolis-Based Ambrose Executes 190K Square Feet of Industrial Leases in Several States
Ambrose announced the signing of three separate leases with occupiers at modern industrial facilities in Cincinnati, Denver and Orlando, totaling… Read more
BGO’s Jonathan Epstein on Building the Platform with Intention
BGO and its parent, Sun Life, made commercial real estate headlines last month with the announcement that multifamily owner/operator Bell… Read more
Bristol Closes $79M Refi on Santa Rosa Rental Community
Bristol Development snagged a $79 million refinancing on The Jewel at Santa Rosa Beach, a 408-unit multifamily development at 158… Read more
S. Florida Ritz-Carlton Developer Inks $401M Bridge Loan
Catalfumo Companies landed a $401 million first-mortgage completion-to-inventory loan secured by The Ritz-Carlton Residences, Palm Beach Gardens, a 14-acre, three-tower… Read more
Digging into BTR and Housing Trends with Kiavi’s Tom Hallock
The housing market is undergoing a type of reset. Despite this, the headlines keep mentioning mortgage costs and rising housing… Read more
S3 Raises $1.3B of Capital with Third Credit Fund
Private construction lender S3 Capital announced the final close of S3 LB RE Credit Fund III with $850 million of discretionary fund… Read more
Fitness Franchise btone Opens in Charlestown
RJ Kelly (RJK) announced that btone FITNESS Charlestown has officially opened at 40 Warren St. in Charlestown. The new 1,500 square-foot studio is… Read more
Diplomat Beach Resort Owners Score $600M Refi
JLL’s Hotels & Hospitality group arranged $600 million in financing for The Diplomat Beach Resort, a beachfront resort with 1,000… Read more
Grand Peaks Sells Miami-Area Apartments for $65.5M
Grand Peaks Properties sold Cascade at the Hammocks, a 264-apartment complex at 10605 Hammocks Blvd., to Bowery Properties for $65.5… Read more
Space Coast Office Portfolio Sells for $35M
Colliers brokered the sale of a five-property office and mixed-use investment portfolio totaling over 294,000 square feet in Melbourne, FL,… Read more