Ground Broken on World Commerce Center in Northeast Florida

Multi-Housing News CBRE Investment Management, on behalf of affiliates of Munich Re Group, has bought the 247-unit Liberty Warehouse Apartments in Durham, NC The seller and purchase price were not disclosed The property is encumbered by a $46...

Carter Multifamily has paid $345 million, or about $172,500/unit, for the 200-unit Brighton Park Apartments in Byron, Ga The seller was not disclosed The property is encumbered by an $18 million Freddie Mac loan that’s securitized through...

South Florida Business Journal An affiliate of Westpine Partners is planning to develop a 42-story apartment building in Miami The New York developer has proposed building the 328-unit property on a 047-acre site at 180 and 160 SW Ninth St in the...

South Florida Business Journal Ashcroft Capital has paid $5375 million, or about $216,734/unit, for Apartments at Midtown 501, a 248-unit property in Chapel Hill, NC The New York real estate investment firm purchased the complex from DRA Advisors,...

South Florida Business Journal An affiliate of Hart Lyman Cos has sold the 33,365-square-foot Shops at Pembroke Gardens open-air mall in Pembroke Pines, Fla, for $23 million, or about $68935/sf Omax Invest LLC of Miami bought the retail property,...

Charlotte Business Journal North American Properties has revised its expansion plans for the Birkdale Village mixed-use development in the Charlotte, NC, suburb of Huntersville, NC Last week, the Cincinnati developer removed the proposed 125-room...

South Florida Business Journal Waypoint Residential has proposed building Aspire Cypress Creek, a 345-unit apartment complex in Fort Lauderdale, Fla The Boca Raton, Fla, multifamily developer wants to build the property on a 715-acre site at the...

Tampa Bay Business Journal An affiliate of Gravel Road Partners has filed plans with the St Petersburg, Fla, Community Redevelopment Agency for a 21-story mixed-use project in the city’s downtown The Washington, DC, real estate development and...

Tampa Bay Business Journal An affiliate of TruAmerica Multifamily has bought the Four Lakes at Clearwater, a 461-unit apartment property in Clearwater, Fla, for $694 million, or about $150,542/unit The Los Angeles multifamily investor purchased the...

South Florida Business Journal A venture of the Related Group, Two Roads Development and Rockpoint is breaking ground by the end of the year on a 24-story residential condominium property in Bal Harbour, Fla, about 13 miles northeast of downtown...