Tampa
GMC Properties Lands Refi for 477-Unit Tampa-Area Asset
Berkadia provided nearly $30 million in Fannie Mae financing to retire a prior CMBS loan on the St. Petersburg property.
Tampa Community Changes Hands for $97M
Brokers from Berkadia’s Tampa, Orlando and Jacksonville offices worked together in finding a buyer for The Cove Apartment Homes, a 689-unit garden-style property.
Tampa Senior Community Fetches $29M
Kayne Anderson Capital Advisors acquired The Watermark at Trinity, a 97-unit assisted living and memory care facility, for $300,000 per unit.
Passco Buys FL Asset for $78M
The company acquired Springs at Bee Ridge in Sarasota, Fla. from Continental Property, and plans to rebrand the community as Longitude 82°.
HTG Secures Financing for Affordable FL Community
Located at 932 Freedom Way in Brooksville, Fla., the project will include four garden-style, mid-rise buildings featuring 32 one-, 28 two-, and 34 three-bedroom apartments.
Campus First Buys FL Student Housing Asset
Campus Club North and South, two communities totaling 612 beds and serving the students of University of South Florida, will receive new fitness equipment, study areas, a dog park and other exterior improvements.
Trinity Property Acquires $19M FL Community
Franklin Street’s Capital Advisors division arranged a 10-year Freddie Mac acquisition loan on behalf of the buyer, to purchase the 156-unit Villages at Laurel Meadows in Bartow.
On the Market: 5 Interesting Listings for the Week of 5/7
Among this week’s listings are a century-old Manhattan property, a brand-new community near Philadelphia’s Center City, and more.
Fort Myers Community Lands $41M Loan
Located at 4930 US Highway 41, in the Cleveland Avenue Redevelopment Area, Grand Central Apartments will comprise a total of 280 one- and two-bedroom units.
FourPoint Student Housing Brokers Florida Asset Sale
Company founders Chris Bancroft and Chris Epp, with the assistance of Senior Director Meredith Wolff, worked on behalf of the seller.