Market Rate Housing - Tampa

Westside Capital’s Tampa Expansion Continues
The company’s $29.5 million acquisition of a 337-unit garden-style community marks its second investment in the metro’s Wellswood submarket.
Market Rate
Becovic Management Pays Top Dollar for Tampa Apartments
Hatfield Development sold the 252-unit community in Bradenton, Fla., in a deal arranged by JBM Institutional Multifamily Advisors.
Market Rate
South Florida Community Trades for $16M
DLS Partners has expanded its footprint with the acquisition of a 137-unit property in Largo, Fla.
Market Rate

  • Tampa-Area Community Lands $29M Refi

    JLL arranged the 10-year loan with Goldman Sachs for the 288-unit property in Port Richey, Fla.

    23 August 2019 13:48

  • The NRP Group Expands Florida Footprint

    The Cleveland-based company opened its 10th property in the state, a 274-unit market-rate community in Pinellas Park.

    20 August 2019 13:51

  • Frankforter Group Buys Tampa-Area Asset for $59M

    Cortland sold the 448-unit community in Lutz, Fla., after six years of ownership. The buyer plans more capital improvements to the 1986-vintage property.

    19 August 2019 12:25

  • Taurus Adds to Tampa Portfolio with $59M Deal

    The real estate private equity firm paid $173,529 per unit for the property, which was previously owned by Preston-Giuliano Capital Partners.

    16 August 2019 12:19

  • Clarion Partners Buy Tampa-Area Community

    JBM Institutional Multifamily Advisors arranged the $54.5 million sale of West Port Colony, located in St. Petersburg, Fla.

    14 August 2019 13:36

  • Tampa-Area Value-Add Community Sells for $18M

    The 143-unit multifamily asset traded for almost double the price it sold in 2012. The new owner intends to upgrade and reposition the Class B property.

    12 August 2019 14:05

  • Tampa Bay-Area Community Sells for $13M

    Milbrook Properties has sold the 111-unit multifamily property located 3 miles east of downtown Largo, Fla. Franklin Street brokered the transaction and secured the acquisition financing.

    24 July 2019 15:24

  • Former PwC Campus, Converted to Multifamily, Trades in Tampa

    Newmark Knight Frank’s Patrick Dufour and Ryan Crowley represented seller Abacus Capital Group, while Bill Weber and Matt Mense arranged the Freddie Mac loan.

    23 July 2019 13:16

  • Tampa-Area Community Commands $39M

    MLG Capital acquired the 350-unit multifamily property northeast of downtown Clearwater, Fla., assuming more than $28 million in Fannie Mae financing from the seller.

    04 July 2019 11:01

  • Tampa-Area Community Trades for $80M

    The buyer, a partnership between Providence Real Estate and a Fortune 500 insurance firm, financed the sale with a $55.2 million Freddie Mac loan. Capital Ocean arranged the joint venture.

    03 July 2019 18:13

  • JV Acquires Tampa Multifamily Portfolio for $64M

    TruAmerica and RSE Capital Partners purchased a 262-unit community in Palm Harbor and a 192-unit asset in Pinellas Park. Newmark Knight Frank marketed the properties on behalf of the seller.

    02 July 2019 15:56

  • Tampa Community Trades for $44M

    The 400-unit multifamily property sits on 25 acres in the Town ‘N’ Country neighborhood. Berkadia negotiated the deal on behalf of the seller and procured the buyer.

    01 July 2019 16:04

  • Tampa Rental Property Commands $60M

    Axonic Properties acquired the asset from Sachs Cos. for the equivalent of $170,624 per unit, with JBM Institutional Multifamily Advisors facilitating the deal.

    26 June 2019 14:08

  • Tampa Rental Property Commands $26M

    The Related Group purchased the 176-unit multifamily asset located in the Bayshore submarket. Cushman & Wakefield represented the seller and secured acquisition financing for the buyer.

    10 June 2019 15:48

  • Taurus Buys Tampa Community for $43M

    The private equity firm scooped up the 280-unit asset for its new value-added multifamily fund. Providence Management Co. sold the property located in the Carrollwood neighborhood.

    05 June 2019 14:08

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