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Colony Realty Partners Snaps Up High-End M-F Property

Colony Realty Partners Snaps Up High-End M-F Property

The 300-unit Art Avenue Apartment Homes community located at 10201 Lee Vista Boulevard changed hands recently, according to CBRE. The Orlando luxury apartment property was sold to an undisclosed firm for $47.05 million.…

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Ecoventures Wraps Year’s 2nd-Biggest Apartment Buy

Ecoventures Wraps Year’s 2nd-Biggest Apartment Buy

CBRE Group has recently announced the sale of Sun Lake Apartment Homes in Lake Mary, Florida. Ecoventures Capital Fund, LLC acquired the 600-unit luxury apartment community for $66.25 million from a Harbor Group International affiliate that originally purchased the homes in 2012.…

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Owens Realty Buys 2 Office Buildings in East Orlando

Owens Realty Buys 2 Office Buildings in East Orlando

Two of Quadrangle Corporate Park’s single-story office buildings totaling 82,175 square feet have a new owner following a $13,570,000transaction. The value of the acquisition translates as $165 per square foot.…

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TODAY’S DEALS: Hunt Mortgage Provides $6M, Full-Term Interest-Only, Bridge Loan

TODAY’S DEALS: Hunt Mortgage Provides $6M, Full-Term Interest-Only, Bridge Loan

Hunt Mortgage Group announces that it has provided a $6 million bridge loan to refinance Sun Bay Apartments; and Colliers completes the sale of a 228-unit Class B property in Austin, Texas.…

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Rosemont Apartment Complex Fetches $10.4 Million

Rosemont Apartment Complex Fetches $10.4 Million

Waterstone Apartments a 208-unit community changed hands for $10.4 million or $50,000 per unit, Franklin Street Real Estate Services announced in a recent news release.…

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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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