Market Rate Housing - 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 -
Tampa Property Sells for $42M
Institutional Property Advisors arranged the sale of Hanley Place Apartments on behalf of the seller, Axonic Properties, and procured the buyer, NorthEnd Equities.
12 April 2018 16:33 -
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 -
American Landmark, Electra America Acquire Tampa Community
The companies purchased Waters Edge, which will be rebranded as WestEnd at 76Ten and undergo more than $1.5 million in renovations.
30 March 2018 14:24 -
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 -
IPA Completes Sale of FL Community
The community, located in St. Petersburg, changed hands for $37.5 million. The firm represented both parties in the transaction.
14 March 2018 15:18 -
On the Market: 4 Interesting Listings for 2/12
This week's listings include two renovated downtown Baltimore historic buildings and a downtown Portland property that has never been on the market since it was constructed in 1949.
16 February 2018 14:32 -
Phoenix Realty Acquires $28M Tampa Asset
Tuscany Villas Apartments in Brandon, Fla., will be rebranded as Alvista Sterling Palms. The company has plans to make significant exterior and interior upgrades to the property.
16 February 2018 14:28 -
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 -
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 -
Marcus & Millichap Brokers Sale of 281 Units of Oakbrook Village
The property, located in Clearwater, Fla., comprises 296 units in total, of which 281 sold for $25.8 million, or $91,815 per unit.
09 January 2018 20:31 -
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 -
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 -
Lantower Lands 451-Unit FL Asset
The company purchased Seneca at Cypress Creek, a 2010-built community in the Lutz/Wesley Chapel submarket of Tampa, Fla. With this acquisition, Lantower’s portfolio comprises 14 multifamily properties totaling 4,600 residential units.
16 October 2017 14:31