News - Tampa

  • 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
  • Luxury Tampa Heights Community Begins Leasing

    SoHo Capital has developed the 314-unit property adjacent to The Heights public market. The community will be ready for move-ins by January 2018.

    17 November 2017 15:45
  • Class A Community Breaks Ground in Tampa

    The Altman Cos. started construction of Altís Grand Central, a 314-unit apartment community in Tampa. The development aims to achieve LEED certification.

    16 November 2017 23:02
  • 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
  • Strategic Property Partners Unveils Plan for Tampa Towers

    The company tapped Kohn Pedersen Fox to design 815 Water St., a dual-tower building that will be one of the first new condo projects in Tampa within the last 10 years.

    01 November 2017 15:25
  • 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
  • Tampa Luxury Condo Tower Breaks Ground

    The 24-story Virage is slated for completion by 2019 and prices range between $1 million and $5 million. The sales team has already signed more than $75 million worth of contracts.

    30 October 2017 12:53
  • Northland Expands Its FL Portfolio

    The company purchased Element, a 395-unit residential tower in downtown Tampa. The property marks Northland’s fifth purchase within the last five months.

    25 October 2017 14:54
  • Rapid Job Gains Reshape Tampa

    Solid fundamentals and above-trend employment growth spur demand for multifamily product across the metro, leading to significant rent increases. Transaction volume is also robust, while deliveries are expected to hit a cycle peak by the end of the year.

    18 October 2017 15:35
  • 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
  • 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