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TAMPA, FL-The Atlanta-based marketer sells 333 residences at the 336-unit ParkCrest Harbour Island development here for prices ranging from the upper $100s to $800,000. Locally based CKT Development is the developer.
WARNER ROBBINS, GA-The North Miami Beach, FL-based REIT sells the 66%-leased, 227,747-sf Watson Central Shopping Center here for $6 million, or $26.35 per sf, a price area brokers tell GlobeSt.com is at least 50% below replacement cost.
ORLANDO-Jeff Adams, owner of Olympic Design also known as Two Bears Inc., pays Richard Edenfeld of Edenfeld Sales Co. $595,000 or a 10,500-sf block and metal structure on Hansrob Road west of Downtown. Five other small-building sales also close.
ATLANTA-Developers Steve Brock and Noel Khalil are investing millions in the redevelopment of the former 460-acre Perry Homes because they feel the area's population will support the multifamily, single-family and retail project. The federal government is providing $20 million to revitalize the community.
PALM HARBOR, FL-Seabreeze Associates, owners of the 18-year-old, 145,000-sf Seabreeze Shopping Center here, receive permanent fixed-rate financing at an under 7% interest rate.
ATLANTA-The Metropolitan Atlanta Rapid Transit Authority is asking area developers for plans to create a mixed-use undertaking that would lead to increased ridership and generate new revenue by leasing or selling about six undeveloped acres near the station.
ORLANDO-Despite a cutback in materials, contractors working on multifamily and single-family projects are pulling more building permits this year than in the first quarter of 2003, according to a University of Central Florida analysis of private construction trends.
ATLANTA-Leslie Whatley, senior vice president of global real estate and client services for the Jersey City, NJ-based firm, succeeds Sean B. McCourt of Ford Motor Land Services Corp. as chairman of the 7,500-member international corporate real estate association.
JACKSONVILLE, FL-The Orlando office of Primary Capital Advisors cements the deal by finding the Connecticut-based investment group low-interest, three-year bridge financing for the acquisition, renovation and conversion of the 251-unit Arbor Club Apartments.
ATLANTA-Parthenon Realty LLC, which set up the national leasing contest to fill vacant space at its 150 properties, says more than 150 brokers are competing. The contest ends Dec. 31. Neal Foster of Foster & Associates in Winston-Salem, NC is the contest leader to date.
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource