Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.
Related Group Seals Largest Multifamily Deal in Tampa Bay History
Olympus Property paid more than $131 million for the 21-story luxury asset in Tampa’s Harbour Island.
Berkadia Closes $30M Los Angeles-Area Sale
The 78-unit community known as Villa Grande Townhomes had a 92.3 percent occupancy rate as of September.
InvestRes Sells Tampa-Area Portfolio for $29M
The two communities in Bradenton, Fla., total 297 units with one property designated fully affordable.
Metro Jacksonville Community Changes Hands
Proxima Asset Management sold a 120-unit garden-style community in Orange Park, Fla. Cushman & Wakefield assisted the seller in the transaction.
Harbor Group Pays $59M for DC Luxury Community
JLL provided nearly $46 million in acquisition financing for the buyer of the 243-unit, Class A multifamily asset.
Brand Properties Sells Savannah Luxury Community for $48M
The developers built the 235-unit asset within a 300-year old oak grove roughly situated 2 miles from the city’s historic district.
FCP Expands Orlando Footprint With $25M Buy
The company’s purchase of the 208-unit suburban community brings its Florida holdings to more than 2,700 units.
Palm Bay-Area Community Sells for Record Per-Unit Price
The 100-unit asset traded for $148,000 per unit, a first in Brevard County for a 1980s multifamily property.
Suburban Atlanta Community Scores $26M Refi
Greystone originated a 10-year Fannie Mae loan for a 257-unit community in Chamblee, Ga.
Fort Lauderdale-Area Condos Command $19M
Prashkovsky Investments U.S.A. purchased 146 of the 192 units within the 4.7-acre property in Hollywood, Fla.