Tampa
Two Roads Joins Tampa Development Partnership
The firm will serve as partner and co-owner with Feldman Equities of Riverwalk Place, which will feature 10 stories of office space and 200 luxury condos.
Tampa Bay Development Receives $35M Loan
DevMar Development received the mortgage to construct The Vantage, a 211-unit property in the Edge district of St. Petersburg.
FLF Holdings Buys FL Asset for $111M
The firm has received $76 million in financing for the acquisition of a 900-unit property in Bradenton. The 10-year, fixed-rate loan was secured through Freddie Mac’s CME program.
Central FL Affordable Community Opens Doors
The fully leased, 104-unit development contains a mix of one- to three-bedroom apartments, and future plans are in the works to construct 92 more units next year.
IPA Completes Sale of FL Community
The community, located in St. Petersburg, changed hands for $37.5 million. The firm represented both parties in the transaction.
On the Market: 5 Interesting Listings for the Week of 2/19
This week’s listings include two recently constructed properties in Florida and a condominium offering in Vineland, N.J., which has seen historically high occupancy rates since its delivery.
Robust Development Tempers Occupancy in Tampa
Multifamily demand is expected to remain strong across the metro, which has become a tech industry hotbed in recent years, due to housing affordability and a favorable tax and regulatory environment.
On the Market: 4 Interesting Listings for 2/12
This week’s listings include two renovated downtown Baltimore historic buildings and a downtown Portland property that has never been on the market since it was constructed in 1949.
Phoenix Realty Acquires $28M Tampa Asset
Tuscany Villas Apartments in Brandon, Fla., will be rebranded as Alvista Sterling Palms. The company has plans to make significant exterior and interior upgrades to the property.
Peak Campus Increases Southern Management Portfolio
The firm will manage two student housing communities featuring a combined 1,429 beds in Tampa, Fla., and Charlotte, N.C.