City: Tampa
Large Fla. Apartment Portfolio Fetches $240Mln
Tampa Bay Business Journal A venture that includes NorthEnd Equities has bought a portfolio of 14 Florida apartment properties with a total of 2,384 units for $240 million, or about $100,671/unit. Amzak Capital Management sold the portfolio in a deal ...
Hull Property Group Was Buyer of Citrus Park Mall in Tampa, Fla.
Hull Property Group, which has acquired a number of troubled regional malls from CMBS trusts in recent years, bought the Westfield Citrus Park Mall in Tampa, Fla. As part of its purchase, the Augusta, Ga., company has assumed a $123.94 ...
390-Unit Apartment Property in Tampa, Fla., Sells for $236.4Mln
Tampa Bay Business Journal A venture of Crescent Communities, PGIM Real Estate and Bromley Cos. has sold Novel Midtown, a 390-unit apartment property in Tampa, Fla., for $236.4 million, or about $606,154/unit. Walker & Dunlop's investment sales unit brokered the ...
Hines Starts Work on Tampa, Fla., Industrial Property
Tampa Bay Business Journal Hines has broken ground on the first phase of the Tampa Commerce Park industrial property in Tampa, Fla. The Houston real estate investor and developer is building the project's first two buildings at 7918 Harney Road, ...
CMBS Loan Against Westfield Mall in Tampa, Fla., Gets 5-Year Extension
The $123.94 million of CMBS financing against the Westfield Citrus Park Mall in Tampa, Fla., has been modified as part of a transaction facilitating the property's sale. The loan, securitized through Morgan Stanley Bank of America Merrill Lynch Trust, 2013-C10, ...
532-Unit Apartment Project Proposed for Tampa, Fla.
Tampa Bay Business Journal Post Road Group has proposed building a 532-unit apartment project in Tampa, Fla. The Stamford, Conn., developer wants to construct the two-building project 1242 Channelside Drive and 629 and 635 North 12th St. About 10 percent ...
161,455-SF Office Building in Tampa, Fla., Trades for $27.3Mln
Tampa Bay Business Journal A venture of Zeno Office Solutions and local real estate investor Tom Frederick has paid $27.3 million, or about $169.09/sf, for the 161,455-square-foot office building at 6550 West Hillsborough Ave. in Tampa, Fla. GTE Wireless sold ...
Silverstein to Build 430-Unit Apartment Project in Downtown Tampa
Tampa Bay Business Journal Silverstein Properties has bought a nearly one-acre development site in downtown Tampa, Fla., for a planned apartment property. The New York developer paid $19.75 million for the site, in an opportunity zone at 505 East Tyler ...
Modera Tampa
The buyer lined up $54.34 million of financing from SPT Real Estate. Once completed, the property, which has been rebranded AVE Tampa Riverwalk, will include a swimming pool, fitness and business centers, clubhouse, car charging station and grilling area.
Bainbridge Ybor City
CBRE arranged $32.58 million of joint venture equity on behalf of the buyer, while Square Mile Capital provided a $67.55 million senior loan.
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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.
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