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ORLANDO-The Apartment Group/Cushman & Wakefield received 12 offers for the 252-unit property located at the Champions Gate development near Walt Disney World and closed the deal for Wood Partners with B&M Management Co. for $22.4 million.
ATLANTA-The former asset disposition specialist in the disbanded federal Resolution Trust Corp. participated in deals totaling five million sf and valued at $500 million at CB Richard Ellis Inc.
ATLANTA-Net income available to common stockholders per share increased 403% to $4.83 for the year ended Dec. 31, the company reports. Funds from operations per share rose 11% to $2.53 for the year.
ORLANDO-The area's 80.8-million-sf inventory is at an overall vacancy level of 11.2%, down two/tenths of a percentage point from third quarter 2003, according to a new market analysis by the local office of Advantis Real Estate Services Co.
ATLANTA-Directors John T. Glover and Robert L. Anderson have decided not to stand for re-election at Post Properties Inc.'s annual shareholders meeting May 27. Douglas Crocker II and Walter M. Deriso Jr. are expected to join the board at the meeting.
VERO BEACH, FL-The joint venture buys Fairways at Grand Harbor, a 257-unit gated community in the spring training home of the Los Angeles Dodgers. The developers paid $24 million for oceanfront units they are selling for $99,990 to $299,900.
TAMPA, FL-MCI WorldCom's exit last year from its 824,000-sf headquarters at Highwoods Preserve in the Northeast Tampa submarket continues to hold down positive net absorption numbers in this city's 30-million-sf total market.
ATLANTA-With overall vacancies near the 12% mark, Charles Brewer's Greenwood Street Properties reduces the unit total number to 150 from 300 at its planned 28-acre Glenwood Park development formerly occupied by a concrete-making plant.
GAINESVILLE, GA-The founder and president of Endeco International expects to file preliminary development plans with the Georgia Mountains Regional Development Center next month for a 750,000-sf, two-tower condominium community here.
ATLANTA-Posturing for a year, the Atlanta parent of Georgia Power signs a 12-year, 130,000-sf lease at an estimated aggregate effective rent of $31.2 million at the planned 260,000-sf Barry Real Estate Cos. tower.
From Placer.ai
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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
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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