Orlando
Insula Property Washes Up in South Orlando
Insula Companies has sold a gated apartment community in South Orlando to a national real estate advisory and investment firm.
DEAL OF THE DAY: Insula Properties Receive Funding Through Berkadia
Berkadia originated loans for five multifamily properties in Central Florida and Tampa.
Blackstone Gives Away Orlando DoubleTree
A new owner has emerged for the 742-key DoubleTree by Hilton Orlando Downtown at the entrance to Universal Studios.
DEAL OF THE DAY: New Ultra Luxury Apartments Sell North of Orlando
A strong office market and newly built luxury lures an Alabama investor to Lake Mary.
Brian Kelley: Investcorp’s Acquisition Strategy
Investcorp, a Bahrain-listed alternative investment fund, has recently expanded its U.S. residential portfolio with the acquisition of four properties in the metropolitan areas of Washington, D.C., Orlando, San Diego and Baltimore. The purchase price was approximately $300 million.
TODAY’S DEALS: Chicago Tower Sales Breaks $100M Mark
Planned Property Management grabs a Chicago tower; HFF arranges Orlando acquisition financing for a newly built luxury asset; and Hunt Mortgage finances an acquisition with a $4.8 million loan.
TODAY’S DEALS: Hunt Mortgage Provides $6M, Full-Term Interest-Only, Bridge Loan
Hunt Mortgage Group announces that it has provided a $6 million bridge loan to refinance Sun Bay Apartments; and Colliers completes the sale of a 228-unit Class B property in Austin, Texas.
TODAY’S DEALS: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date
CBRE brokers the largest transaction in Orlando for 2014; ARA closes the sale of a luxury community in Palm Beach County to a joint venture between AIMS Real Estate and Carroll Organization; and Cohen Financial secures $12.6 million in joint venture equity for a Florida development.
TODAY’S DEALS: Landmark Apartment Trust Completes 342-Unit Orlando Acquisition
Landmark Apartment Trust buys a 2002-built apartment in Orlando; Chaucer Creek acquires a community in Charlotte’s ‘hippest’ neighborhood; and Colorado investor acquires a property from Fannie Mae.
TODAY’S DEALS: Aragon Closes 850 Unit Purchase in Denver and Orlando
Aragon Holdings buys two communities in Denver and Orlando; Walker & Dunlop structures $72 million in bridge conduit and mezzanine financing for acquisitions; and Crown Realty completes its 10th Phoenix area apartment acquisition since 2010.