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ORLANDO-An affiliate of Birmingham, AL-based Harbert Real Estate Fund II pays Executive Capital Corp. of Chicago $16.42 million for the 15-year-old, 316-unit, 94%-leased multifamily community in suburban Altamonte Springs seven miles north of Downtown Orlando.
ATLANTA-Michael Dobbs is the new chief marketing officer for the locally based real estate investment firm and will direct Wells Real Estate Funds' internal and external marketing operations, corporate branding, messaging, creative teams and public relations programs.
TAMPA, FL-The Columbus, OH-based REIT signs a $153 million contract with American Freeholds to acquire the 1.06-million-sf WestShore Plaza, one of the largest shopping centers in Central Florida.
JACKSONVILLE, FL-With an acquisition kitty of about $100 million, the alliance pays Univesco Inc. of Dallas $9.8 million, or about $36,296 per unit, for the 20-year-old, 270-unit, 92%-leased Oak Forest Apartments. The alliance bought the asset for an undisclosed Heitman institutional investor.
ATLANTA-The joint venture partners decline to disclose the purchase price but area brokers familiar with the Central Perimeter submarket tell GlobeSt.com the contract price for the 288,000-sf Ashford Perimeter building was between $180 and $200 per sf or a total $51 million.
ATLANTA-The locally based REIT posted lower funds from operations but the sale of two office assets generated net income of $143.5 million, or $2.92 per share, compared to $12.7 million, or 25 cents per diluted share, in second quarter 2002.
ATLANTA-The 78-year-old real estate, construction and energy management firm has signed a non-binding letter of intent to buy locally based Wheatstone Energy Group Inc. for an undisclosed sum. The deal is expected to close next month.
ATLANTA-Post Properties Inc. wrote off $5.2 million in expenses incurred in the May proxy fight with former chairman John A. Williams and $1.8 million in severance charges related to two executives.
ORLANDO-The Fifteen Group LLC of Miami Beach pays affiliates of Dallas-based Olympus Real Estate Partners $18 million for two southeast Orlando properties totaling 599 units. Citigroup Global Markets Realty Corp. provided a $17 million loan for the acquisition.
DESTIN, FL-The national vacation resort property manager, preparing to be acquired by Nashville-based Gaylord Entertainment Co., reports net income of $1.3 million versus $2.2 million in the second quarter last year. Revenue per available unit, however, was up 3.8%.
Resources
Placer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
Assurant
From Assurant
With rising property insurance costs and flat rent growth, the compliance gap is a significant risk. This guide provides a data-driven action plan for Multifamily Housing professionals to help close that gap, reduce exposure, and boost NOI.
Download Resource
JLL Technology Solutions
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
Buildout, Inc.
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
JLL Technology Solutions
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
National Apartment Association
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
National Apartment Association
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
Placer.ai
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
Placer.ai
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
Buildout, Inc.
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
Buildout, Inc.
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download ResourcePlacer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download ResourceAssurant
From Assurant
With rising property insurance costs and flat rent growth, the compliance gap is a significant risk. This guide provides a data-driven action plan for Multifamily Housing professionals to help close that gap, reduce exposure, and boost NOI.
Download ResourceJLL Technology Solutions
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download ResourceBuildout, Inc.
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download ResourceJLL Technology Solutions
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download ResourceNational Apartment Association
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download ResourceNational Apartment Association
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download ResourcePlacer.ai
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download ResourcePlacer.ai
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download ResourceBuildout, Inc.
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download ResourceBuildout, Inc.
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download ResourcePlacer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource