Southeast

Daytona Beach News-Journal Mellon United National Bank of Miami has foreclosed on a $17.9 million loan against an 831-acre development site in Smyrna Beach, Fla., and will auction the property July 21. The site, along State Road 44 near Interstate...

South Florida Business Journal CPF Investment Group has lined up $33 million of financing for a proposed mixed-use development at the AVE Aviation & Commerce Center at Opa-locka Executive Airport in Opa-locka, Fla. JPMorgan provided the debt, which CPF, of...

Atlanta Journal Constitution America's Capital Partners has paid $19 million for the 620,000-square-foot Equitable building in Atlanta. The Coconut Grove, Fla., company bought the property from an affiliate of Capmark Bank, which took the property through a foreclosure auction in...

TCPalm Cole Credit Property Trust III Inc. has paid $14.8 million for the 107,000-square-foot Century Town Center in Vero Beach, Fla. The retail property at 4025 South Pipkin Road was built in 2008 and is 93 percent occupied. Major tenants...

Daily Business Review A Miami company managed by Terra Group has paid $24 million for the Grand Bay Hotel in Coconut Grove, Fla. The shuttered property, with 177 rooms at 2669 South Bayshore Drive, was purchased from an affiliate of...

Daily Business Review Developers Michael Swerdlow and Ian Bruce Eichner have proposed a project for the failed Biscayne Landing development in Miami. The developers have proposed 700,000 square feet of retail space, about 2,000 condominium units and up to two...

Daily Business Review A developer has turned over 539 condominium units at the Midtown Miami mixed-use project to its lender. An affiliate of HSBC Bank was owed some $148.5 million, including accrued interest, against the units, which were owned by...

An affiliate of Clayton State University has paid $20.5 million under a lease-purchase agreement for the 854-bed Clayton Place apartment community in Morrow, Ga. The affiliate, CSU Foundation Real Estate II LLC, has been leasing the property since February. Educational...

Tampa Bay Business Journal Publix Super Markets has paid $15.4 million for the Brickell Village shopping center in Miami. The 2.32-acre property, which the grocery retailer anchors, has 39,000 square feet of retail space that is leased to four tenants....

Daily Business Review Associated Estates Realty has paid $32.9 million for a 222-unit apartment community in Wellington, Fla. The Richmond Heights, Ohio, REIT bought the 14-building property from a partnership of JPMorgan and Gables Residential in a deal brokered by...