South Florida Business JournalGround is scheduled to break tomorrow on a $100 million affordable-housing project in Miami-Dade County, Fla. Carlisle Development Group of Miami is building the property on a 5.8-acre tract in Brownsville, Fla. It is expected to include...
Business First of LouisvilleA former Holiday Inn hotel in Louisville, Ky., has been converted into a residence hall for The Sullivan University System Inc. The 138,000-square-foot Gardiner Point Residence Hall, at 4004 Gardiner Point Drive, is almost fully leased to...
Orlando Business JournalHospital Corp. of America has bought 10 acres, with an option for another 30 acres, for a planned medical-office building and hospital in Kissimmee, Fla. The Nashville, Tenn., company bought the land from Avatar Properties Inc. The medical-office...
Nashville Business JournalEagle Hospitality Inc. placed the winning $10.1 million bid last week on a former Holiday Inn in Brentwood, Tenn. Last year, Matrix Hospitality Group of New Orleans paid $9 million for the property, on 4.3 acres at 760...
Triangle Business JournalGreenfire Development is planning a redevelopment of the old SunTrust Building in downtown Raleigh, N.C. The developer is looking for $25 million in Recovery Zone Economic Development bonds from the government to transform the 17-story property into a...
South Florida Business JournalBank of America has filed a foreclosure suit against the owner of the Sea Plum Town Center in Jupiter, Fla. The lender had provided MPG Jupiter a construction loan that was modified to a balance of $11.9...
Orlando Business Journal General Electric Credit Equities Inc. has taken title to the 124,000-square-foot Water Town Place retail property in Celebration, Fla. The lender had been owed $35.5 million from the property's previous owner, an entity related to Unicorp National...
Atlanta Journal ConstitutionThe occupancy for hotels in the Atlanta metropolitan area rose 4 percentage points to 57 percent in the first four of the year compared to the same time last year, according to the Atlanta Convention and Business Bureau....
South Florida Business JournalInland Diversified Real Estate Trust has paid $73.7 million for two retail properties in Port St. Lucie, Fla. A subsidiary of BFC Financial Corp. sold the properties, the 498,322-square-foot Landing at Tradition and the 138,468-sf Tradition at...
South Florida Business JournalRBC Bank has filed a foreclosure suit against the owner of the Holiday Park Hotel & Suites in Deerfield Beach, Fla. The bank had provided developer York Residential of Atlanta $16.5 million for a planned redevelopment of...
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