Tampa
Tampa-Area Value-Add Community Sells for $18M
The 143-unit multifamily asset traded for almost double the price it sold in 2012. The new owner intends to upgrade and reposition the Class B property.
HTG Opens 1st Phase of Tampa Bay Affordable Development
Twin Lakes Estates is a 100-unit community for seniors age 62 and over. The project is a redevelopment of an outdated public housing property.
The Habitat Co. Bolsters Condominium Division
David Barnhart, the newly appointed vice president, will work alongside Shruti Kumar, appointed as regional manager, in overseeing the company’s portfolio in Chicago, Detroit and Tampa.
Summit Contracting Completes Tampa Luxury Community
The 300-unit multifamily development, located roughly 7 miles east of downtown Sarasota, is the second Volaris-branded property by Waypoint Residential.
SunTrust Provides $75M Loan for Tampa Project
The Related Group broke ground last year on the 396-unit luxury waterfront community, Town Westshore. The four-story development will include a health spa.
Tampa Bay-Area Community Sells for $13M
Milbrook Properties has sold the 111-unit multifamily property located 3 miles east of downtown Largo, Fla. Franklin Street brokered the transaction and secured the acquisition financing.
Former PwC Campus, Converted to Multifamily, Trades in Tampa
Newmark Knight Frank’s Patrick Dufour and Ryan Crowley represented seller Abacus Capital Group, while Bill Weber and Matt Mense arranged the Freddie Mac loan.
Tampa-Area Community Commands $39M
MLG Capital acquired the 350-unit multifamily property northeast of downtown Clearwater, Fla., assuming more than $28 million in Fannie Mae financing from the seller.
Tampa-Area Community Trades for $80M
The buyer, a partnership between Providence Real Estate and a Fortune 500 insurance firm, financed the sale with a $55.2 million Freddie Mac loan. Capital Ocean arranged the joint venture.
JV Acquires Tampa Multifamily Portfolio for $64M
TruAmerica and RSE Capital Partners purchased a 262-unit community in Palm Harbor and a 192-unit asset in Pinellas Park. Newmark Knight Frank marketed the properties on behalf of the seller.