Orlando
TruAmerica Multifamily Lands Another Orlando MF
TruAmerica Multifamily acquired Island Club, a 472-unit Class B apartment community in Orlando, FL from the Michaelson Group for $64… Read more
Seattle Maintains Top Office Investment Crown in IPA Report
New research by Marcus & Millichap’s Institutional Property Advisors (IPA) division shows the U.S. economy remains structurally positioned for growth… Read more
Apartment Sector Sustains Positive Outlook; Marcus & Millichap Report
Accelerating household formation, underpinned by the tight U.S. labor market, will continue to support apartment rental demand in 2019, predicts… Read more
Marcus & Millichap Handles Central Florida Industrial Portfolio Sale
American Industrial Center (AIC), an 820,000-square-foot industrial park in Longwood, FL, has been sold to a joint venture between Blue… Read more
U.S. Multifamily Sector Riding a Robust Cycle
Despite finishing flat, the U.S. multifamily sector enjoyed a solid year in 2018. The $1,419 average national rent in December,… Read more
Retail Segment Battered, But Weathers Storm
Given the many store closures across the U.S., minimal changes in vacancy rates show how the retail sector has withstood… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
Avison Young Secures $71M Bridge Loan for Orlando MF
A $70.5 million bridge loan was arranged for CitiTower, a 25-story, Class A+ multifamily development with 233 units at 101… Read more
Welltower in $1.25B, 55-MOB Deal with CNL Healthcare Properties
Toledo, OH-based Welltower Inc. agreed to buy a portfolio of Class A medical office and outpatient facilities comprised of 55… Read more
Weaker Housing Market Drives Growth in Apartment Sector
A weaker national housing market continued to benefit the apartment market, according to research by Reis. The apartment vacancy rate was… Read more
Xebec Secures Construction Financing for Florida Spec Logistics
Dekel Capital arranged $34.3 million in construction financing for a speculative 537,000-square-foot Class-A logistics facility in Lakeland, FL, on behalf… Read more
JLL Snags 20-Member CRE Team in Central Florida
An entire team of commercial real estate professionals from Orlando-based Cite Partners has joined JLL. The 20 new hires include… Read more
Workforce Housing Well Positioned to Outperform Market, CBRE Analysis Finds
Strong market fundamentals are attracting a wide variety of investors to workforce housing, creating good returns and helping to preserve… Read more
Blackstone Sells Orlando Resort for $900M
A newly-formed joint venture among funds managed by Honolulu-based Trinity Real Estate Investments LLC and funds managed by Elliott Management… Read more
Yardi Matrix Reports Cooling Multifamily Market No Cause for Alarm
Despite an expected seasonal decline, the U.S. multifamily market has enjoyed a solid year in 2018. Rents fell by $2… Read more
Spec Logistics Center Planned in Central Florida
Red Rock Developments, Westport Capital Partners LLC and Wharton Industrial plan to develop Florida Crossroads Logistics Center, a 617,046-square-foot spec… Read more
Transwestern Acquires 184 Acres in Florida, Plans 1M-SF Spec Industrial
Transwestern Development Co., in partnership with a private real estate fund advised by Crow Holdings Capital-Real Estate, acquired 183.5 acres… Read more
What Apartment Renters REALLY Want
An understanding of what apartment renters want is the goal of any multifamily property owner and manager. That understanding is… Read more
Avison Young Brokers $43M MF Sale in Orlando
Azul Baldwin Park, a 178-unit, apartment community in Orlando, FL, has traded hands for $43.25 million. The buyer was California-based Palm… Read more