Tampa
29th Street Capital Expands FL Footprint
The company has entered the Tampa-St. Petersburg market with the acquisition of a 261-unit community located approximately 5 miles from downtown St. Petersburg.
Peak Campus Expands Southern Management Portfolio
The company will manage Station 42, a student housing community serving students at the University of South Florida. The property features 528 beds.
American Landmark Grows Tampa Portfolio
The company has purchased Carlyle at Crosstown, a 300-unit, garden-style community located in the Clair-Mel City submarket, and will invest $2.3 million in capital improvements.
Central Florida Apartments Command $50M
Cushman & Wakefield facilitated a deal for a 12-building, 383,212-square-foot community in Lakeland, halfway between Orlando and Tampa.
InvestRes Buys 148-Unit Sarasota Community
The new owner revealed plans for a capital improvement program, which will include new signage, refurbished amenities and enhanced apartment interiors.
Top 10 Florida Multifamily Completions in 2018
Almost 33,000 units were added to Florida’s multifamily markets last year, 1,300 more than the year before, with major developments completed in each of the state’s key metro areas.
Cushman & Wakefield Negotiates $73M Sale of 2 FL Properties
Centennial Holding Co.’s acquisition of communities in Lakeland and Plant City positions the new owner to take advantage of commuting distances to nearby Orlando and Tampa.
Centennial Holding Co. Buys Tampa-Area Community
The company has expanded its portfolio with a 125-unit property located in Plant City, Fla. The community changed hands for $18 million.
Newmark Knight Frank Brokers Sale of FL Community
The firm has arranged the sale of a 318-unit property located in Tampa. Pollack Shores Real Estate Group sold the asset to TH Real Estate.
Tampa-Area Community Secures $12M Refi
Berkadia has arranged the refinancing of a 148-unit property located in Lakeland, Fla., on behalf of the borrower, Capital Pensam. The loan was secured through Freddie Mac.