City: Melbourne

Orlando Business Journal Lincoln Hospitality Management has bought the 88-room Hampton Inn Melbourne-Viera in Melbourne, Fla., for $16.5 million, or $187,500/room. The Palm Beach Gardens, Fla., hospitality company purchased the hotel from Alpental Capital of Denver, which had acquired it in ...

Orlando Business Journal Reich Brothers has bought the 69,142-square-foot industrial building at 7856 Ellis Road in Melbourne, Fla., for $10.5 million, or $151.86/sf. The New York company purchased the property from IRA Food Service LLC, an affiliate of Downtown Produce ...

Orlando Business Journal Satcom Direct Inc. has brought to the sales market a 61,819-square-foot office building it occupies in Melbourne, Fla., about 55 miles southeast of Orlando, Fla. The in-flight communications and global satellite services provider has tapped One Sotheby's ...

Orlando Business Journal Madison Capital Group has lined up $50.7 million of financing for the construction of Madison Midtown, a 240-unit apartment project in Melbourne, Fla. The Charlotte, N.C., company borrowed a $33.5 million senior loan from First Citizens Bank ...

Driftwood Capital has raised $330 million of commitments for an investment fund that would target hotel properties within Florida's so-called "Space Coast" area. The Coral Gables, Fla., investment manager, which previously had raised capital for a vehicle that funded mezzanine loans ...

Multi-Housing News A joint venture of Adam America Real Estate and Stellar Communities has lined up $52.7 million of financing for the construction of Havens at Palm Bay, a built-to-rent residential community with 266 units in Palm Bay, Fla., four ...

Orlando Business Journal Brookwood Financial Partners has bought the 211,000-square-foot Melbourne Shopping Center in Melbourne, Fla, for $14.3 million, or about $67.77/sf. The Beverly, Mass., company purchased the retail property from Site Centers Corp., a Beachwood, Ohio, retail REIT that ...