Tampa
Milhaus to Open Artistry Community in St. Petersburg
The developer took out a $33.8 million loan from Regions Bank for the construction of the 246-unit project.
Tampa Monthly MHN Wrap-Up (Feb. 2020)
Westdale shells out $63 million for luxury asset. Axonic cashes in on St. Petersburg community. Catch up on last month’s activity with our February selection of Tampa must-knows.
Marcus & Millichap Appoints Tampa VPs
Both Jason Hague and Ned Roberts were previously senior associates with the brokerage’s RPH Multifamily Group.
Tampa Bay Community Trades for $63M
As part of the deal, Westdale Asset Management assumed a $44.5 million Fannie Mae loan, which Berkadia originated last year.
Axonic Properties Sells St. Petersburg Residential Asset
GPK Holdings paid almost $18 million for the 138-unit property, financing the purchase with a Freddie Mac loan from CBRE.
Tampa Bay Community Changes Hands for $52M
The new owner financed the acquisition of the 320-unit property with a $35 million Freddie Mac loan.
Tampa Multifamily Report – Fall 2019
Multifamily demand continues strong in the metro, boosted by above-trend population and employment gains.
Blue Roc Expands Tampa Footprint
The company paid $37 million for a 356-unit property located within 10 miles of the city’s downtown.
Castle Lanterra Pays $77M for Tampa-Area Asset
The developer sold the 339-unit, fully occupied luxury community shortly after completion.
Tampa Community Sells for $57M
Royal Imperial Group acquired the 484-unit multifamily asset and plans to update amenities and apartment interiors.