City: Sarasota

A venture led by Snell Properties has paid $80 million, or $350,877/unit, for the 228-unit Arcos apartment property in Sarasota, Fla. It bought the property from Framework Group of Tampa, Fla., which had developed it two years ago. Walker & ...

Commercial Real Estate Direct Staff Report General Services Corp. has paid $63.9 million, or $234,926/unit, for Treviso Grand, a 272-unit apartment property in Venice, Fla., about 20 miles southeast of Sarasota, Fla. The Richmond, Va., multifamily specialist acquired the complex ...

Tricera Capital has paid $35 million, or just more than $64/sf, for the BB&T Financial Center, a 546,000-square-foot office property in downtown Sarasota, Fla. The Miami investment manager bought the 35-year-old property, at 1800 Second St., from the Spector family, ...

Knighthead Funding has provided $22.5 million of first-mortgage financing against the 16 unsold condominium units at the 49-unit BLVD luxury condo property in Sarasota, Fla. The loan was used by the property's developer, BLVD Sarasota LLC, an affiliate of Core ...

Tampa Bay Business Journal A joint venture of Feldman Equities, Equity Street Financing and Tower Realty Partners has bought the two-building Sarasota City Center in Sarasota, Fla., for an undisclosed price. The Dilweg Cos. was the seller. The 247,947-square-foot office ...

Pensam Capital has provided $56 million of financing against the Floridian Club of Sarasota, a recently constructed active-adult property with 309 units in Venice, Fla. The Miami lender's loan has a three-year term, but could be extended. It pays a ...

Commercial Real Estate Direct Staff Report JLL evidently was hired by Midland Loan Services to market for sale the Westfield Sarasota Square shopping mall in Sarasota, Fla. A total of 512,849 square feet of the 1 million-sf retail property serves ...