Orlando Business Journal Ground broke late last year on the 143-room Hyatt Place Hotel in Melbourne, Fla., less than a mile from the Melbourne-Orlando International Airport. A venture of Twenty8 Group of North Miami Beach, Fla., and Adelon Capital of ...
American Landmark assumed a $20.6 million Fannie Mae loan that's securitized through FNA, 2020-M16. The loan pays a 3.49 percent coupon and matures in April 2032. It would be subject to a 6.29 percent yield-maintenance penalty if prepaid before October ...
Commercial Real Estate Direct Staff Report American Landmark Apartments has paid $36.9 million, or $177,404/unit, for Waverly Place, a 208-unit property in Melbourne, Fla. The Tampa, Fla., investor acquired the property from BG Capital Management of Short Hills, N.J., which ...
ConAm Group has paid $60 million, or $250,000/unit, for Highlands Viera West, a 240-unit apartment property in Viera, Fla., about 55 miles southeast of Orlando, Fla. The San Diego real estate investor bought the complex from JMG Realty Inc. of ...
Orlando Business Journal Driftwood Capital wants to start construction soon on the 120-room Element Hotel in Melbourne, Fla., about 70 miles southeast of Orlando, Fla. The Coral Gables, Fla., developer is planning the Marriott-branded project for a 2.6-acre development site ...
Northrop Grumman uses the property as an engineering facility.
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
