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Yet Unfinished, The Rialto Already Builds Tenant Base

Yet Unfinished, The Rialto Already Builds Tenant Base

Finishing touches are still underway at The Rialto, this however didn’t stop Wood Partners from putting the a 200-unit mixed-use apartment community on the market in October. The company already brought in 30 leases, according to a recent news release.…

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Nickelodeon Suites Resort Orlando Sold

Nickelodeon Suites Resort Orlando Sold

By Balazs Szekely, Associate Editor In early December Urban Commons LLC purchased Nickelodeon Suites Resort Orlando hotel in Orlando, the Los Angeles-based buyer announced. The real estate investment company is focused mainly on income generating hospitality and residential assets, targeting value-add property acquisitions in highly populated, predictable markets.  Its list…

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Lincoln Plaza in CBD Orlando Changes Hands

Lincoln Plaza in CBD Orlando Changes Hands

The 16-story, 246,000-square-foot Lincoln Plaza in Orlando’s Central Business District was picked up recently by Highwoods Properties, Inc. The company funded the acquisition with proceeds from non-core dispositions, its ATM program and borrowings under its revolving credit facility. No debt was assumed in connection with this transaction. The total investment…

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Mixed Use Project in Line at Former Flea World Site

Mixed Use Project in Line at Former Flea World Site

Sanford’s Flea World site facing US Highway 17/92 and Ronald Reagan Boulevard at County Home Road is up for a major redevelopment if the Seminole County Government approves the owner’s application to convert Flea World and additional parcels totaling 118 acres to a mixed use development comprising single family homes,…

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Clermont Rental Community Completes Renovations

Clermont Rental Community Completes Renovations

Precision Building Construction has recently completed the renovation of the clubhouse and other amenities at Clermont's The Carrington at Four Corners Apartments rental property.…

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The Park View Hotel Rebrands as Magnuson Grand Conference Hotel

The Park View Hotel Rebrands as Magnuson Grand Conference Hotel

Magnuson Hotels recently announced the complete rebranding of The Park View Hotel in Winter Haven, Florida. The 174-room property will continue operations as Magnuson Grand Conference Hotel. By joining the Magnuson Hotels portfolio, the hotel will upgrade its local, regional, and national market to attract more guests.…

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Venue Apartment Community Acquired by Joint Venture

Venue Apartment Community Acquired by Joint Venture

Carroll Organization has recently entered a joint venture with Bluerock Real Estate LLC to acquire Venue, a 306-unit Orlando multifamily property located on Central Florida Parkway, adjacent to John Young Parkway and State Road 528.…

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Insula Companies Grabs Two C-Fla Communities

Insula Companies Grabs Two C-Fla Communities

Sarasota-based Insula Companies has recently announced two multifamily acquisitions. One of the properties is located in the Orlando Metropolitan Area in Kissimmee and the other in Lakeland, around halfway between Orlando and Tampa.…

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Atlas Residential Picks Up Two Orlando Communities for $150M

Atlas Residential Picks Up Two Orlando Communities for $150M

Alexandria Parc Vue and Crowntree Lakes, two apartment communities in Orlando changed hands recently, Atlas Residential acquired the portfolio.…

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TODAY’S DEALS: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date

TODAY’S DEALS: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date

CBRE brokers the largest transaction in Orlando for 2014; ARA closes the sale of a luxury community in Palm Beach County to a joint venture between AIMS Real Estate and Carroll Organization; and Cohen Financial secures $12.6 million in joint venture equity for a Florida development.…

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Waste Pro Signs Lease to Expand Lakewood Headquarters

Waste Pro Signs Lease to Expand Lakewood Headquarters

Waste Pro USA Inc. has recently signed a lease agreement for close to 15,000 square feet of Class A office space at The Springs office building, where the company has resided in the past fifteen years.…

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Embraer Breaks Ground on 236,000-Sq.-Ft. Aircraft Assembly Complex

Embraer Breaks Ground on 236,000-Sq.-Ft. Aircraft Assembly Complex

Melbourne, Florida will soon welcome a new industrial complex as aviation firm Embraer just broke ground on an assembly facility for its Legacy 500 and Legacy 450 models. The addition more than doubles the company’s presence in the Melbourne International Airport area, where Embraer already operates a 212,000 square-foot campus.…

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