Tampa

Tampa-Area Property Sells for $47M

Independence Realty Trust has expanded its portfolio with Lucerne, a 276-unit community located in Brandon, Fla., about 10 miles from downtown Tampa.

Providence Management Co. Buys Tampa Property

Centennial Holding Co. has sold Century Falls Apartments for $52.8 million. The buyer has rebranded the community as Seasons at Westchase.

Willner Realty Buys Tampa Luxury Tower

Cushman & Wakefield facilitated the sale of the 320-unit trophy property, just two years after it was acquired from the original developers in an $88 million deal.

Equity Management Partners Sells Tampa-Area Community

Marcus & Millichap facilitated the sale of LeMans, a 198-unit property located in Lakeland, Fla. The company represented the seller and procured the buyer in the deal.

Strategic Property Partners Breaks Ground on Tampa Building

The firm has kicked off the construction of 815 Water Street, a 420-unit two-tower community. The construction marks the first residential building of the Water Street Tampa project.

Tampa: A Must-Have for Real Estate Portfolios

Steve Patterson of Related Development reveals to MHN all the reasons why the metro is a winning bet. The CEO touches on the current multifamily landscape and also shares his predictions about how the real estate market here is going to evolve.

Capstone Development Opens $350M Student Housing Assets

The properties include The Village Phase 2, The University of Massachusetts Boston Residence Hall and Dining Center, Vi Hilbert Hall, Montage on College and Calaveras Hall.

KeyBank Arranges $63M for Multifamily Portfolio

The properties include Cambrian in Aurora, Colo.; Ascott Place in Tampa; and The Cascades in Phoenix. The loans were secured through Fannie Mae.

Image Courtesy of Cushman & Wakefield

On the Market: 5 Interesting Listings for the Week of 10/15

This week’s listings include a student housing investment opportunity in Boca Raton, an affordable community in Tampa, and more.

Tampa Property Trades for $36M

Harbor Group International sold the community to Frankforter Group. Fannie Mae facilitated the transaction with $28.9 million in acquisition financing.