South Florida Business Journal Joe Lubeck, chief executive of American Landmark Apartments, has bought the Embassy Suites by Hilton Palm Beach Gardens PGA Boulevard hotel in Palm Beach Gardens, Fla., for $40 million, or $250,000/room. Lubeck purchased the 160-room property from ...
Orlando Business Journal An affiliate of Pureland Hospitality has bought the 123-room Home2 Suites by Hilton Lake Mary hotel in suburban Orlando, Fla., for $17.97 million, or $146,098/room. The New York company purchased the four-story property from a venture of ...
Jacksonville Business Journal Florida Value Partners has paid $19.5 million, or $85,526/unit, for the 228-unit Park at Marbella Apartment Homes in Jacksonville, Fla. The Miami company purchased the 26-building property from Blue Roc Premier Properties of Lakeland, Fla., which had ...
South Florida Business Journal An affiliate of Nuveen Real Estate has bought Coral Landings III, a 172,526‑square‑foot shopping center in Margate, Fla., for $46.3 million, or $268.37/sf. The Chicago company purchased the retail property from Sterling Organization of West Palm ...
Tampa Bay Business Journal An affiliate of NexPoint Advisors has bought the 153‑room Courtyard by Marriott Bradenton Sarasota/Riverfront for $27.7 million, or $181,046/room. The Dallas investment company purchased the five-story property from a company registered to George Schott of Maine. ...
South Florida Business Journal Welltower Inc. has purchased the Arbor at Lake Worth, a 377‑unit assisted-living facility in Lake Worth, Fla., for $87.2 million, or about $231,300/unit. The Toledo, Ohio, company bought the property from Focus Healthcare Partners of Chicago, ...
Acevedo Investments Corp. has bought the Regency Club Apartments, a 74-unit complex in Hialeah, Fla., for $21.22 million, or $286,757/unit. The Coral Gables, Fla., company purchased the three-story property from Royal Income Properties Inc. The deal was financed in part ...
Commercial Real Estate Direct Staff Report A venture of Basis Industrial and One Investment Management has paid $144.6 million for a portfolio of three shallow-bay industrial complexes with 839,001 square feet in the Atlanta and Orlando, Fla., areas. The venture ...
South Florida Business Journal Valoro Capital has purchased a 63,240-square-foot office building at 2125 Biscayne Blvd. in Miami for $19 million, or $301.59/sf. The local investor acquired the four‑story property from an affiliate of Novel Coworking of Chicago, which had purchased ...
Orlando Business Journal An affiliate of Nuveen Real Estate has bought the Crossings at Viera, a 190,000-square-foot shopping center in Rockledge, Fla., for $46 million, or $242.11/sf. The New York company purchased the property from SJC Ventures of Atlanta. Crossings ...
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