Tampa

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.

Oxford Properties Sells Newly Built FL Community

PGIM Real Estate Finance provided the buyer with a 10-year, non-recourse Freddie Mac acquisition mortgage, which amortizes over 30 years.

Sunshine State Portfolio Changes Hands for $98M

Priderock Capital Partners has picked up the two Class B communities, totaling 550 units, with $67 million in acquisition financing from Freddie Mac.

NKF Capital Markets, Berkeley Point Capital Refinance Tampa Asset

Brookview at Citrus Park includes 400 units, as well as a sports pub, a dog park and a fireside lounge.

Inland Real Estate Buys Tampa Community for $22M

Carroll Organization traded Laurel Oaks Apartments, a 192-unit property located 11 miles from downtown Tampa. The sale price equates to $115,104 per unit.