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Canadian Buyer Takes Asset in Altamonte Springs

Canadian Buyer Takes Asset in Altamonte Springs

An undisclosed Canadian investment firm took possession of a 224-unit, Class-A multifamily neighborhood located in Altamonte Springs near the 142-acre recreational lake, Lake Orienta.…

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Hotel Near UF Gainesville Lands Boston Buyer

Hotel Near UF Gainesville Lands Boston Buyer

A 208-room hotel near the University of Florida in Gainesville changed hands recently.…

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Royal Oak to Grow Townhome Community

Royal Oak to Grow Townhome Community

A gated community in Kissimmee is soon to see new construction and the builder has already started sales. Royal Oak Homes will expand Heritage Run by adding three- and four-bedroom townhomes. The property is located on Boggy Creek Road, off Florida State Road 192 and its previous phase was developed…

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Equus Rides into Winter Springs, Takes Waterfront Property

Equus Rides into Winter Springs, Takes Waterfront Property

The Shadow Creek in Winter Springs is… Well it is no longer Shadow Creeks, to begin with.…

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DoubleTree Near SeaWorld Gets New Owners

DoubleTree Near SeaWorld Gets New Owners

A joint venture just grabbed a prime I-Drive hotel, following their first mutual hospitality acquisition in Dallas. DoubleTree by Hilton Orlando at Sea World is, as its name suggests, directly adjacent to SeaWorld in an area known for its myriad of tourists’ attractions, theme parks, restaurants, retail options and of…

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Why Distribution Centers are Booming in Central Fla.

Why Distribution Centers are Booming in Central Fla.

Central Florida seems to be a progressive warehouse market lately and the trend will keep going for a while by every indication.…

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JV Launches Luxury M-F Project

JV Launches Luxury M-F Project

The Kislak Organization, Courtelis Company and HMG/Courtland Properties broke ground on Murano at Grande Lakes on Tuesday, May 26. The $33.6 million 240-unit luxury apartment home community is being built on a 9.53‑acre metro Orlando site at the southeast quadrant of John Young Parkway’s intersection with Taft‑Vineland Road. Forum Architecture…

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I-Drive Retail Center Changes Hands

I-Drive Retail Center Changes Hands

International Drive Value Center, a retail center near Universal Orlando Resort and Wet 'n Wild Orlando, was sold recently, according to a written announcement released by Holliday Fenoglio Fowler.…

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HFF Lands Financing for Upscale Winter Garden Project

HFF Lands Financing for Upscale Winter Garden Project

By Balazs Szekely, Associate Editor HFF has arranged financing for the Windermere Cay multifamily property in Winter Garden. The company secured the $41 million, 10-year fixed-rate loan through New York Life Real Estate Investors on behalf of the borrower, Six Pines Realty, L.L.C. The HFF team was led by managing…

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DeBartolo Gets Nice Price for Downtown Asset

DeBartolo Gets Nice Price for Downtown Asset

The Gallery at Mills Park, a 310-unit Class AA multifamily infill asset located in Downtown Orlando changed hands recently, JLL Capital Markets announced. An institutional investor of undisclosed identity purchased the property for $66.5 million. The sales price translates to approximately $215,000 per unit.…

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Wood Partners Starts 12th Central Florida Project

Wood Partners Starts 12th Central Florida Project

Alta Eastmar Commons, a 312-unit multifamily community is underway, the developer, Wood Partners announced recently. The $41.9 million development breaks ground in late April at 159 Dean Road, Orlando. To date, the developer has built around 3,000 units in the area since 2001 and this will be the 12th Wood…

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Royal Oak Launches Phase 2 Home Sales in Groveland

Royal Oak Launches Phase 2 Home Sales in Groveland

The second phase in Eagle Point, a luxury community planned in Groveland, FL, has started selling recently. The developer, Royal Oak Homes is a family-owned home builder, the successor of Cambridge Homes which has built more than 14,000 homes in Central Florida over the past 30 years. Founded in…

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