Florida
Black Lion Buys The Lincoln, Plans $50M Upgrade
Black Lion purchased The Lincoln in Miami for $62.5 million and plans to invest an additional $50 million in improvements.… Read more
Seagis Notches $100M Acquisition Loan for S. Florida Warehouses
JLL Capital Markets arranged $100 million in financing for nine industrial warehouse properties, totaling 824,546 square feet, in the South… Read more
SouthEast Development Obtains Refi for Jax Redevelopment Project
Red Oak Capital Holdings has provided $6.3 million to refinance Laura Street Trio, a collection of once-proud assets in the… Read more
18 Walmart Health Centers to Open in Texas
Walmart is opening 18 Walmart Health Centers in Texas. Three are now open in Pearland, Sugar Land and Tomball. Eight… Read more
Hotel/Apartment Combo Project Eyed by Miami Developer
A Miami city planning board will vote later this month on plans for a proposed 28-story mixed-use tower in… Read more
JV Raises $71M for Miami Senior Housing
Housing Trust Group (HTG) closed on financing and commenced construction on Naranja Grand II, a new $71 million affordable apartment community… Read more
Graystone Promotes Net Lease Specialist to First VP
Graystone Capital Advisors, an investment sales brokerage headquartered in Newport Beach, promoted Florida-based Shannon Bona to first VP. Bona joined… Read more
Moderno to Add Fort Lauderdale Highrise
Moderno Development Group is planning a 290-unit apartment build in downtown Fort Lauderdale. The 23,750-square-foot site will be centered at… Read more
Jamestown Acquires Another Florida Retail Center
Tamarac Town Square has new owners. Jamestown has expanded its grocery-anchored shopping center portfolio by purchasing the 124,000-square-foot shopping center… Read more
Trophy Office Development: Yes or No?
In the April 10, 2024 Walker Webcast, Walker & Dunlop’s Willy Walker and noted economist Peter Linneman discussed the office… Read more
Universal Orlando Provides Open Dates for Two Hotels
Universal Orlando Resort has revealed open dates for its two newest Orlando hotels; Universal Stella Nova Resort, opening January 21,… Read more
Joint Venture Secures $83M Loan for Sarasota Venture
The Allen Morris Co. and the Alaska Permanent Fund Corp. are joining forces on a 253-unit multifamily project in Sarasota.… Read more
TruAmerica Multifamily’s Bob Hart Sees Market Moving Back Toward Equilibrium
Founder, chief executive, and president of Los Angeles-based TruAmerica Multifamily, Bob Hart is the very definition of a commercial real… Read more
Struggling Tampa Sr. Living Facility Winding Down Operations
Unisen Senior Living is having trouble finding tenants. Its 491-unit senior living facility has only a 21% occupancy rate. Operated… Read more
Jacksonville to Debut New Marriott Concept Hotel
A new Marriott concept hotel called StudioRes is slated for Jacksonville along Parramore Road south of Interstate 295. Marriott says… Read more
Crescent Heights Eyeing 280-Unit Miami Condo
Crescent Heights is proposing to build a 26-story, 280-unit condo tower in the Miami Arts & Entertainment District. Short-term rentals… Read more
Micro-Hospital to Open in Jacksonville
It’s nowhere near the size of a standard community hospital. Nutex Health is moving forward on a 28,000-square-foot hospital with… Read more
Chicago Apartments Part of $10B Blackstone, AIR Communities Deal
Blackstone will acquire Apartment Income REIT Corp., known as AIR Communities, in an all-cash transaction valued at approximately $10 billion,… Read more
RIPCO Expands Debt Platform with Two New Hires
RIPCO Real Estate has expanded its debt and structured finance team with the addition of Adam Hakim as executive managing… Read more