Tampa
Luxury Community Changes Hands in Tampa
An affiliate of Nuveen Real Estate has acquired the 366-unit multifamily property located in Hillsborough County. Newmark Knight Frank represented the seller in the disposition.
Tampa Bay Community Trades for $32M
Balfour Beatty Communities has acquired the 278-unit property as part of a joint venture. The company’s Florida portfolio has increased to more than 3,500 residences.
Sarasota Luxury Condo Tower Gets $75M Financing
The 49-unit high-rise is slated for completion in the first quarter of 2020. Knighthead Funding provided the construction loan for BLVD Sarasota in the city’s Rosemary District.
Market Spotlight: What Fuels Tampa’s Growth
Chase Pattillo, vice president of Fore Property Co.’s Tampa office, examines the market from a developer’s perspective and sheds light on what’s attracting new projects to the metro.
FL Gulf Coast Community Receives Freddie Mac Refi
Berkadia’s Charles Foschini, Chris Apone and Lourdes Carranza-Alvarez from the company’s Miami office arranged the $13.6 million fixed-rate, 10-year loan financed by Freddie Mac.
FL Affordable Senior Community Gets $20M in Loans
The new owner plans to invest approximately $3.6 million in renovations at the 104-unit property located in Pinellas County. Hunt Real Estate Capital provided the financing.
Tampa Community Sells for $24M
Uptown Ambrus Investments has obtained a $12.2 million loan for the acquisition of the 292-unit property in the University Square submarket.
Cushman & Wakefield Arranges $63M Sale of FL Community
The firm represented a joint venture between Providence Real Estate and Aegon Real Assets US in its acquisition of The Park at Via Rosa in Brandon.
Axonic Properties Sells $16M FL Community
Creative Realty Partners has purchased the 126-unit property with the third highest price per unit for this type of asset in Hillsborough County. CBRE procured both the buyer and the seller.
The Michaelson Group, GMF Capital Buy Tampa Community for $43M
The partnership has received $34.6 million in financing to purchase a 384-unit community situated approximately 10 miles from Tampa’s downtown.