Finance & Investment - Tampa
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Marcus & Millichap Brokers Sale of FL Property
Fifth Avenue Courtyard is a 21-unit value-add community located in St. Petersburg. The buyer plans to upgrade the unit interiors.
26 April 2018 22:58 -
Insula Cos. Offloads Tampa Community for $21M
The asset sits a mile north of the University of South Florida’s campus and consists of 168 two-bedroom townhouse units.
03 April 2018 19:41 -
Tampa Bay Development Receives $35M Loan
DevMar Development received the mortgage to construct The Vantage, a 211-unit property in the Edge district of St. Petersburg.
21 March 2018 16:20 -
FLF Holdings Buys FL Asset for $111M
The firm has received $76 million in financing for the acquisition of a 900-unit property in Bradenton. The 10-year, fixed-rate loan was secured through Freddie Mac’s CME program.
16 March 2018 16:35 -
Collier Cos. Sells Tampa Bay Community for $30M
Marcus & Millichap worked on behalf of the seller in the disposition of Lakeside Apartment Homes, a 228-unit asset in Brandon, Fla.
01 February 2018 12:51 -
Marcus & Millichap Arranges Sale of 158 units of Park Village
The community, located in Largo, Fla., consists of 160 units, 158 of which traded for $20 million, or $130,000 per unit. The firm represented both the buyer and seller.
17 January 2018 22:00 -
Camden Snags St. Petersburg Community
The company acquired the newly constructed property for approximately $127 million. Previously known as Aer Luxury Apartments, the asset will be rebranded as Camden Pier District.
12 January 2018 17:58 -
St. Petersburg Community Sells for $46M
The 481-unit community traded to a New York-based buyer. The sale price equates to $96,000 per unit. IPA arranged the sale on behalf of the seller and procured the buyer.
12 January 2018 17:55 -
Tampa Community Changes Hands for $58M
HFF marketed the 274-unit, luxury apartment asset on behalf of the seller, Pollack Shores Real Estate Group. The property traded free and clear of existing debt.
09 January 2018 20:10 -
St. Petersburg Community Receives $24M Refi
The 212-unit community received refinancing proceeds through Freddie Mac's green lending program. Berkadia arranged the loan on behalf of the borrower.
03 January 2018 15:38 -
Keys to a Successful Development Strategy
BTI Managing Partner Noah Breakstone reveals how the company finds financing for its developments in Florida and the southeastern United States, and what he expects from the year ahead.
20 December 2017 14:44 -
Tampa’s 10 Biggest Multifamily Deals in 2017
As Tampa’s apartment market is going strong and investors show strong interest in the market, Yardi Matrix rounded up the 10 biggest deals of the year.
01 December 2017 22:00 -
Electra America Expands in Tampa
The company acquired Avery Place, a 264-unit community that will be rebranded as The Avana and will receive capital improvements worth $2.5 million.
28 November 2017 15:39 -
PAC Expands Tampa Luxury Portfolio
The purchase of Overlook at Crosstown Walk was subject to a $22.2 million Fannie Mae loan. The property represents the second and final phase of Crosstown Walk, which the company acquired last year.
24 November 2017 14:41 -
Berkadia Brokers Sale of 2 FL Properties for $48M
The two properties include Twenty 35, a 200-unit property in Safety Harbor and The Park at Windsor, a 224-unit community in Northeast Tampa.
10 November 2017 22:10