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The property is encumbered by a $55 million loan that's securitized through FREMF, 2019-K101. The fixed-rate loan pays a 3.69% coupon and is locked out from prepayment until June 2029, three months before its scheduled maturity. Beacon 430 was 96% ...
Tampa Bay Business Journal Precedent Asset Management has filed a foreclosure suit against the owner of the Captiva Club, a 361-unit apartment complex in St. Petersburg, Fla. The local real estate company, which filed its suit in Hillsborough County Circuit ...
Wood plans to raze the building that sits on the 5.75-acre site and replace it with the 381-unit Alta Roosevelt apartment project. A total of 153 units will be set aside for tenants earning up to 120% of the area's ...
Tampa Bay Business Journal Ram Realty Advisors has paid $131 million, or $400,612/unit, for Beacon 430, a 327-unit apartment complex in downtown St. Petersburg, Fla. The Palm Beach Gardens, Fla., company purchased the four-story property from Ascent Residential of Montgomery, ...
Tampa Bay Business Journal Wood Partners has paid $22.5 million, or $134.26/sf, for the former Bankers Financial Group headquarters building in St. Petersburg, Fla. The Atlanta company purchased the building, with 167,581 square feet at 11101 Roosevelt Blvd. North, from W.P. ...
Prometheus Partners has bought the Bayboro Station office building in St. Petersburg, Fla., for $28.2 million, or $348.15/sf. The Clearwater, Fla., company purchased the 81,000-square-foot building from an unidentified company out of Winter Park, Fla., that had paid $9.8 million ...
Tampa Bay Business Journal Prometheus Partners has bought the Bayboro Station office building in St. Petersburg, Fla., for $28.2 million, or $348.15/sf. The Clearwater, Fla., company purchased the 81,000-square-foot building from an unidentified company out of Winter Park, Fla., that ...
Tampa Bay Business Journal Hilltop Residential has bought Provenza at St. Pete, a 308-unit apartment complex in St. Petersburg, Fla., for $93 million, or $301,948/unit. The Houston company bought the property from Momentum Real Estate Partners of Miami, which had ...
Tampa Bay Business Journal TA Realty has paid $97 million, or $308,917/unit, for the 314-unit Madison Gateway Apartments in St. Petersburg, Fla. The Boston company purchased the complex from Equus Capital Partners of Newtown Square, Pa., which had bought it in ...
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