Finance & Investment - Tampa

  • Northland Buys Echo Lake in Bradenton, FL

    The company has purchased the 360-unit, Class A community, which was completed earlier this year and is managed by Lincoln Property.

    01 November 2017 13:33
  • FCP Snags $24M Tampa Community

    Federal Capital Partners has acquired The Commons Apartments, a 200-unit, garden-style property. The company plans upgrades, including converting the leasing office to a gym and the addition of washer-dryers to individual apartments.

    16 October 2017 14:28
  • Blue Roc Lands $14M Refi for Tampa-Area Community

    Hunt Mortgage Group secured a Fannie Mae loan for Park at Verona in Lakeland, Fla. Blue Roc has completed $2.6 million in capital improvements for the community since its acquisition in 2012.

    10 October 2017 15:04
  • Praxis Buys Tampa Value-Add Apartments, Plans Upgrades

    The 232-unit Villages at Turtle Creek was built in 1985 and includes 15 buildings. The company plans to invest $3 million on upgrades to the community.

    05 October 2017 14:36
  • Aztec Group Secures $5M for FL Senior Communities

    The Memory Lane Cottages in Oviedo and Tampa are assisted living facilities specializing in serving individuals with Alzheimer and dementia-related disease. Charles Penan, executive vice president, and Howard Taft, senior managing director, brokered the deal.

    05 September 2017 16:05
  • Lexerd Lands $39M FL Apartments

    Springs at Braden River is a 270-unit garden-style community in Bradenton, Fla. The company acquired it from Continental Properties.

    31 August 2017 19:14
  • HTG Opens 96-Unit Affordable FL Community

    The developer invested $18.5 million in Freedom Gardens, a four-building project in the Central Florida city of Brooksville. HTG currently has four affordable communities under construction in the state.

    25 August 2017 14:22
  • Electra America Snags Fourth Tampa Community

    Starwood Capital sold Northgreen at Carrollwood, a 438-unit luxury asset. Berkadia’s South Florida and Philadelphia teams arranged a $39.8 million Fannie Mae loan.

    22 August 2017 11:40
  • CBRE Secures $35M Financing for Tampa Student Housing

    Horizon Realty Advisors purchased a 206-unit student housing property for $46.6 million. Benjamin Roelke of CBRE secured the long-term financing for the acquisition of Venue at North Campus.

    17 August 2017 16:36
  • PAC Snags Tampa-Area Luxury Property

    The purchase of the newly built 280-unit community was financed through a first mortgage loan from Fannie Mae, originated by Berkadia Commercial Mortgage LLC.

    31 July 2017 07:35
  • Affordable Housing Portfolio Secures $142M in Financing

    Harmony Housing tapped KeyBank Real Estate Capital to provide loans to six of its properties, located in Texas, Michigan, Wisconsin and Florida. Each property reserves half of the units for residents making 60 percent of the area median income.

    18 July 2017 14:23
  • RADCO Acquires 6th Tampa Community

    Newly renamed Sunstone Palms, the 536-unit community will be the beneficiary of nearly $8 million worth of capital improvements.

    26 June 2017 10:41
  • Franklin Street Closes Sale of 111-Unit Florida Asset

    Cornerstone Pointe Apartments traded for $10.6 million. Milbrook Properties Ltd. purchased the community from Everett Realty Services. The community last traded in 2010 for $3.6 million.

    22 May 2017 23:56
  • Wood Partners Sells Tampa-Area Community

    Northland Investment Corp. paid $52.9 million for the newly constructed property. Located at 23700 Viento Drive, The Village at Terra Bella consists of 14 three-story buildings and an 11,000-square-foot clubhouse with sports lounge.

    08 May 2017 12:07
  • Campus Advantage Sells 42North at University of South Florida

    Since acquiring the 420-bed community 36 months ago, the company has pursued a value-add investment strategy that has grown grew NOI by nearly 36 percent.

    04 May 2017 17:52