GrayHawk Development Corp. has secured financing totaling $40.5 million for the condominium conversion of a luxury townhouse community in Gainesville, Fla.An unnamed lender will provide a $28.3 million mortgage and a $12.2 million mezzanine piece for the conversion. The financing ...
April 4, 2005Colonial Properties Trust (NYSE:CLP) has sold six multifamily properties totaling 2,074 units for $143.8 million. The properties sold include two Colonial Grand apartment communities totaling 572 units in Macon, Ga., and Birmingham, Ala., and four Colonial Village apartment ...
March 22, 2005 Education Realty Trust Inc., a REIT that focuses on student housing, has agreed to pay $44.9 million for Campus Lodge, an apartment complex in Gainesville, Fla. near the University of Florida campus.The purchase price includes the assumption ...
The Property is near the University of Florida Campus
March 1, 2005American Campus Communities Inc. has signed a contract to acquire The Exchange at Gainesville, a student housing community near the University of Florida campus in Gainesville, Fla. The property contains 1,044 beds and is being purchased for $47.5 ...
June 9, 2004 South Florida Business JournalSouthern Management and Development, based in Boca Raton, Fla., has bought the 105,253-square-foot Oaks Mall Plaza in Gainesville at the intersection of Interstate 75 and Newberry Road for $12.23 million. The seller was Oaks ...
March 26, 2004 The Greens at West End, a luxury apartment complex in Gainesville, Fla., is on the block for $23.5 million, which works out to $116,337/unit or $96/sf.Marcus & Millichap is marketing the 202-unit property at 13200 W. Newberry ...
August 8, 2003 Inland Mortgage Corp. has provided a $7.5 million bridge loan for Oaks Mall Plaza, a 105,252-square-foot shopping center in Gainesville, Fla. The borrower, which used the 12-month loan to refinance a maturing securitized loan, is making tenant ...
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