Palm Bay
Stellar Building $72M Space Coast Townhome Community
Stellar Communities acquired a 22-acre land assemblage consisting of the former Rockledge Airport, an FBO, hangars and airport rights and… Read more
Space Coast Apartments Trade for $37.7M
Carter Multifamily has acquired Mode at Melbourne, a 166-unit garden-style multifamily community in Melbourne, Fla., for $37.7 million. Completed in… Read more
Madison Obtains Loan, Equity for Melbourne Apartments
Madison Capital Group closed a $33.5 million loan from First Citizens Bank, brokered by Berkadia, along with a $15.3 million preferred… Read more
Tampa-Area Investor Secures BTR Construction Loan
Agador Spartacus Development has obtained a $32 million construction loan for Magnolia at Spring Hill, a 162-unit built-to-rent project in Spring… Read more
Developer Duo Building Space Coast BTR Community
A developer team of Stellar Communities and Adam America Real Estate is joining forces on a build-to-rent community in Palm… Read more
IPA Secures Buyer, Seller and Financing for Melbourne Apartment Deal
Institutional Property Advisors (IPA) secured both the sale and acquisition financing of Caribbean Isle Apartments, a 376-unit multifamily property in Melbourne,… Read more
130K-SF, Multi-Building Industrial Asset in Palm Bay Sells for $6M
Axiom Capital Corp, has structured and arranged a $6.1-million permanent loan (10-year, fixed rate, non-recourse) for the acquisition of a… Read more
Franklin Street Completes $20M Sale of Affordable Community in Melbourne
Franklin Street has arranged the $19.6-million sale of The Pines at Palm Bay, a 41-building, 216-unit, value-add multifamily in Palm Bay, FL.… Read more
Landsea Homes Acquires Vintage Estate Homes
Residential homebuilder Landsea Homes Corporation recently closed on the purchase of Vintage Estate Homes, a Florida-based homebuilder with communities in… Read more
JLL Arranges Sale of 149K-SF Retail Center in Palm Bay
JLL has brokered the sale of Marketplace at Palm Bay, a 149,752-square-foot retail center anchored by Winn-Dixie and Bealls Outlet… Read more
Colliers Secures $47M Refinancing for Space Coast MF Property
Colliers International has secures a $47 million construction loan take-out refinancing for Aqua Residences, a 320-unit multifamily development in Palm… Read more
American Landmark Acquires 320-Unit Space Coast Apartment Property
Multifamily owner-operator American Landmark Apartments has acquired The Vinings at Palm Bay, a 320-unit apartment community in Palm Bay. The… Read more
South Florida MF Headed for Oversupply? Q&A with Hunt Real Estate Capital’s Marc Suarez
South Florida’s multifamily market has continued to see a flurry of activity, with vacancies continuing at record lows despite an… Read more