Clik here to view.
Tanger Adds Huntsville Shopping Center to Growing Holdings
All systems are go with Greensboro-based Tanger. The company is continuing its steady growth with the acquisition of its 39th shopping center and third new property in the last month. Tanger paid...
View ArticleClik here to view.
Shvo Gets Greenlight for Miami Office Project
Foster + Partners has revealed designs for a new mixed-use building, The Alton, in the heart of Miami Beach. Developed by SHVO, the six-story building will include ground-floor retail, two parking and...
View ArticleClik here to view.
Tequesta Townhome Rentals Sell for Nearly $1M/Unit
Tequesta is right across from Jupiter Island, home to Tiger Woods and football coach Nic Saban. It’s one of the wealthiest enclaves in the US. So, when the Bella Villaggio townhouse rental complex...
View ArticleClik here to view.
Delray Beach Retail Center Sells for a Loss
Benderson Development paid $28 million for a Delray Beach shopping center. The seller of the 89,158-square-foot Linton Commons was Menin Development. The property last traded for $33 million in 2016....
View ArticleClik here to view.
AutoNation Tower Owners Secure Last Minute Refi Loan
Barclay’s and Argentic provided a $55 million loan to refinance the 204,337-square-foot AutoNation building at 200 S.W. First Ave. in Fort Lauderdale. Las Olas Capital Partners co-owns the building...
View ArticleClik here to view.
Dutch Hospitality Chain Opening 3rd Miami Hotel
citizenM’s new 168-room hotel in Miami South Beach will have a rooftop pool, bar and terrace. The property joins other citizenM hotels in the market, including Miami Brickell and Miami Worldcenter....
View ArticleClik here to view.
Miami Apartment Investor Raises $300M for Sunbelt, Value-Add Properties
Miami-based Eagle Property Capital Investment has closed its latest multifamily investment vehicle, raising over $300 million. Eagle is partnering with Promecap, a Mexico City-based private equity...
View ArticleClik here to view.
Restauranteur Buys Orlando Hotel
The Kobe Japanese Steakhouse restaurant chain owner has paid $14.5 million for the former Best Western International Drive Orlando. The hotel has been rebranded as Mai Hana Hotel International Drive....
View ArticleClik here to view.
$1 Billion Orlando Resort Readies for Opening
The $1 billion Evermore Orlando Resort property northeast of Walt Disney World will open its doors January 1, 2024. Dallas-based resort developer Dart Interests developed the 1,100-acre luxury...
View ArticleClik here to view.
CBRE Arranges Florida’s Largest Industrial Sale
CBRE has arranged the sale of a 25-building industrial portfolio totaling 1,393,972 sq. ft across Miami-Dade and Broward Counties in South Florida. Longpoint Partners, a Boston-based real estate...
View ArticleClik here to view.
S. Florida Retail Center Owner Takes Big Hit
RK Centers paid $38.5 million for a 65,000-square-foot retail center at 1520 and 1550 N. Federal Highway in Fort Lauderdale. That’s over $10 million less than the owners, PGIM Real Estate, paid for it...
View ArticleClik here to view.
SeaWorld Orlando Building Long-Awaited Hotel
Investor calls from the publicly-traded SeaWorld Entertainment Inc. (NYSE: SEAS) dating all the way back to November of 2015 have mentioned potential resort locations at several of the SeaWorld parks....
View ArticleClik here to view.
RISE, Origin Deliver 297-Unit Jax Rental Community
The first 49 units are ready for tenants at RISE Bartram Park, a 297-unit multifamily development in Jacksonville. The $60 million project is being developed by a team made up of Origin Investments...
View ArticleClik here to view.
Orlando Surf Park Moving Forward
Orlando seems to have almost anything you’d want when looking for entertainment in Florida; a Disney theme park, Universal Studios theme park, SeaWorld. The only thing they don’t have are waves. The...
View ArticleClik here to view.
Grocery-Anchored Coral Springs Retail Center Trades for $21M
Continental Realty Corporation (CRC) sold Cypress Run Marketplace, an 87,000-square-foot neighborhood shopping center located at 10599 West Atlantic Boulevard in Coral Springs. The property was sold...
View ArticleClik here to view.
Dwight Capital Delivers $75M Ft. Myers Construction Loan
A Dwight Capital REIT provided a $75 million construction loan for Montage at Midtown, a 321-unit multifamily project in Fort Myers. The proposed property is expected to spark the redevelopment of the...
View ArticleClik here to view.
$2B Gateway Jax Passes Big Test
Gateway Jax, a development firm of JWB Real Estate Capital and DLP Capital, has received nearly all the approvals needed to proceed with the project. The Downtown Development Review Board (DDRB), an...
View ArticleClik here to view.
Florida CRE Leaders Give 2024 Predictions
A panel of Florida industry leaders were asked to look into their crystal balls and try to predict how things will shake out in 2024. They were on stage at the recent Connect Apartments 2023 in Key...
View ArticleClik here to view.
Gainesville Student Housing Project Flips for $35M
The Pavilion on 62nd, a 312-unit student housing community located at 1000 SW 62nd Blvd. in Gainesville was sold for $35 million ($112,000 per unit). Mike Donaldson led a Cushman & Wakefield team...
View ArticleClik here to view.
Trio Land $16M Refi for 39-Story Brickell Project
LV Lending announced the closing of a $16 million refinancing for a .69-acre development site located at 143 SW 9th St., between 2nd and 1st SW Avenue, in Brickell. This refinancing will advance the...
View Article
