News - Tampa

  • 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
  • Providers Grapple with Flood Insurance’s Hazy Forecast

    An experienced litigator in the areas of bad faith law and unfair business practices, Royal Oakes analyzes the challenges and opportunities that insurers face in the wake of hurricanes Harvey and Irma.

    13 September 2017 16:56
  • Online Assessment Tool Enables Hurricane Preparedness: JLL

    The professional services firm continues aiding its Houston-area employees in recovering from Hurricane Harvey, while also using its Building Emergency Management Assessment system to evaluate the effects of Hurricane Irma.

    12 September 2017 15:59
  • Aztec Group Secures $5M for FL Senior Communities

    The Memory Lane Cottages in Oviedo and Tampa are assisted living facilities specializing in serving individuals with Alzheimer and dementia-related disease. Charles Penan, executive vice president, and Howard Taft, senior managing director, brokered the deal.

    05 September 2017 16:05
  • Lexerd Lands $39M FL Apartments

    Springs at Braden River is a 270-unit garden-style community in Bradenton, Fla. The company acquired it from Continental Properties.

    31 August 2017 19:14