Finance & Investment - Tampa

  • 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
  • Greystone Arranges $110M for Senior Portfolio Sale

    New Senior Investment Group sold 1,140-units comprising nine communities in the Florida Peninsula. Meridian Senior Living will manage the properties.

    09 November 2017 21:56
  • Upscale Tampa Community Scores $48M Loan

    The recently completed 381-unit Peridot Palms is located in St. Petersburg and previously benefited from a $42.7 million loan originated by Branch Banking and Trust Co.

    08 November 2017 21:59
  • 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