David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: St. Petersburg
Postcard Inn hotel/6300 Gulf Blvd.
Bank United provided a $34 million loan to facilitate TPG's acquisition.
St. Petersburg, Fla., Hotel Sold for $47.4Mln
Tampa Bay Business Journal TPG Hotels & Resorts has bought the 196-room Postcard Inn hotel in St. Petersburg, Fla., for $47.4 million, or about $241,837/room. The subsidiary of the Procaccianti Cos. of Cranston, R.I., bought the property from the Carlyle ...
175-Room Hyatt Place Opens in St. Petersburg, Fla.
Tampa Bay Business Journal The 175-room Hyatt Place hotel has opened in the Waterfront Arts District of St. Petersburg, Fla. The upscale, select-service property includes 6,500 square feet of meeting and event space, a rooftop swimming pool, three bars and ...
119-Room Hotel in St. Petersburg, Fla., Trades for $20.5Mln
Tampa Bay Business Journal Procaccianti Cos. has paid $20.5 million, or about $172,269/room, for the 119-room Staybridge Suites hotel in St. Petersburg, Fla. Bayboro Hoteliers LLC sold the property at 940 5th St. and was represent by Hunter Hotel Advisors. ...
Sirata Beach Resort and Conference Center in St. Petersburg, Fla., Sold
Tampa Bay Business Journal A venture of Crescent Real Estate and Five Star Realty Partners has bought the Sirata Beach Resort and Conference Center in St. Petersburg, Fla. The Nicklaus family sold the property, which it had owned since 1962. ...
TGM Ibis Walk/871 Ibis Walk Place North
Walker and Dunlop arranged a $44.2 million Fannie Mae loan with a 10-year term for the acquisition.
TGM Pays $68Mln for St. Petersburg, Fla., Apartments
Commercial Real Estate Direct Staff Report TGM Associates has paid $68 million, or $169,576/unit, for a 401-unit apartment property in St. Petersburg, Fla. Walker and Dunlop arranged a $44.2 million Fannie Mae loan with a 10-year term for the acquisition. ...
Pru Writes $34Mln of Bridge Loans for 2 Apartments in Ala., Fla.
Prudential Mortgage Capital Co. has provided $34 million of bridge financing against a pair of apartment properties, in Florida and Alabama, owned by Merion Realty Partners of suburban Philadelphia. The lender provided $27.15 million against Riverside Parc, with 400 units ...
TGM Bay Isle/11850 Martin Luther King St. North
91 percent occupied. The New York investment manager funded its purchase with a $62.5 million Fannie Mae loan written by Walker and Dunlop.
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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.
