Southeast

Triad Business Journal The city of Raleigh, N.C., has tapped Omni Hotel Group to build a 500-room "upper upscale" hotel in its downtown. The property is being planned for a single-acre lot on Fayetteville Street near the Raleigh Convention Center....

South Florida Business Journal PGIM Real Estate has sold 355 Alhambra, a 222,757-square-foot office building in Coral Gables, Fla., for $90 million, or about $404.03/sf. The Newark, N.J., company sold the 16-story property to an affiliate of Princeton International Properties...

South Florida Business Journal AvalonBay Communities Inc. has broken ground on a 10-story apartment project in Miami. The property, dubbed Avalon South Miami, is being built on a 1.86-acre site at 5850 SW 73rd St. that formerly was home to...

Charlotte Business Journal An affiliate of Blackfin Real Estate Investors has paid $28.8 million, or $144,000/unit, for the 200-unit Pines at Carolina Place apartment property in Pineville, N.C. The Arlington, Va., company purchased the property from an affiliate of The...

South Florida Business Journal The Estate Cos. has proposed building Soleste on the Trail, a 315-unit apartment and townhouse development in Riviera Beach, Fla. The Miami developer wants to construct the property on a 15.8-acre site at 7880 to 7940...

Orlando Business Journal Encore Real Estate Investment Services has been tapped to market for sale the Dellagio Town Center, a 109,000-square-foot lifestyle center in Orlando, Fla. A Wellington, Fla., limited liability company owns the property, at 7924-8075 Via Dellagio Way....

Charlotte Business Journal Embrey Partners has paid $13 million for a seven-acre site in the NoDa section of Charlotte, N.C., for a planned apartment development. The San Antonio company is breaking ground next month on the 403-unit property at 3035...

Tampa Bay Business Journal Ocean Bank has provided $17.6 million of financing for the construction of the 128-room Hilton Home2 Suites hotel in Clearwater, Fla. An affiliate of Baywood Hotels of Columbia, Md., is developing the five-story property on a...

South Florida Business Journal J. Milton & Associates has paid $28.94 million, or about $243,193/unit, for the 119-unit Shamrock of Sunrise apartment property in Sunrise, Fla. The Coral Gables, Fla., company purchased the four-story property from an affiliate of Lloyd...

South Florida Business Journal An affiliate of Stockbridge Capital Group has bought the Alexan Park 82nd Apartments, a 368-unit complex in Doral, Fla., for $156 million, or about $423,913/unit. The San Francisco company purchased the four-story property from a venture...