Florida
Sarasota Mall Revamp Underway
Torburn Partners and Jamestown are moving forward with Sarasota Square, a mixed-use redevelopment of the former Sarasota Square Mall. The… Read more
Seminole County Greenlights $160M Recreation Center
Seminole County voted to move forward with a proposed regional indoor sports complex near the Boombah Sports Complex and Orlando… Read more
Terra Buys Out Condo Development, to Build New Biscayne Bay Venture
A Miami planning agency greenlit Terra’s plan to build a 28-story tower in Miami Beach overlooking Biscayne Bay. The Miami… Read more
Chicago-Based Stotan Industrial Launches NASA Causeway Logistics Center in Florida
Stotan Industrial, in partnership with CrossHarbor Capital Partners, has closed on 28.63 acres in Titusville, Florida, for the development of… Read more
Elliott Management Snaps Up Downtown Crossing’s Godfrey Hotel
The Godfrey Hotel, a 242-key hotel in Downtown Crossing, has sold for $124 million to an affiliate of Elliott Management,… Read more
Development Team Closes on $100M Loan for N. Florida Sr. Living Community
BLDG Real Estate and The Fellowship Family closed on $100 million in financing for the 205-unit Fellowship Wildlight in Nassau… Read more
El-Ad Pays $45.5M for Coconut Grove Property
El-Ad National Properties acquired the property located at 3265 Virginia St., Miami, Fla., for $45.5 million. The seller was an affiliate… Read more
Webinar: Distress Cycle Evolves as $520B of Maturities Looms
With roughly $52 billion of maturing commercial real estate debt considered at-risk out of the $520 billion coming due in 2026, industry leaders on the front lines… Read more
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