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BOCA RATON, FL-The long-awaited $303-million sale of 76 commercial properties has closed between Koger Equity and an affiliate of Apollo Real Estate Investment Fund. The properties consist of 75 office buildings and one retail center.
MIRAMAR, FL-Minto Villaggio is building a 292-unit rental apartment complex in the Country Lakes West development. A $22.3-million loan, or $76,370 per unit, has been structured to finance the project.
FORT MYERS, FL-Agri-Insurance Co. Ltd is paying $237,500 per acre to buy back 40 acres adjacent to 1,200 acres that it recently sold for about $12,000 per acre near Southwest Florida International Airport, Florida Gulf Coast University and a future mall.
MIAMI-The $12 million development is being built by Tennessee-based Kendall Resort Hotel Ltd. on 21.9 acres owned by Sundale Ltd. The number of rooms weren't disclosed.
MIAMI-The Miami-Dade County commission has submitted tentative plans for commercial development on a portion of the former Homestead Air Force Base--and the plans don't include a commercial airport.
BOCA RATON, FL-The Cornerstone Group plans to put 246 rental units and 15,000 sf of retail space on this 12-acre site in Lauderdale Lakes, which it has purchased from New York-based Urban America for $158,333 per acre or $3.64 per sf.
LANTANA, FL-Locally based Southeast Property Associates paid $48.88 per sf for the 147,285 sf shopping center in central Palm Beach County.
JENSEN BEACH, FL-If a state court's order stands, builders say it could be used as a tool by environmental activists and other anti-growth foes, much like the issues of endangered species and wetlands.
JENSEN BEACH, FL-Thomas Thomson, chairman, Thomson Corp., is appealing the ruling to the Florida Supreme Court. His investment of $3.3 million and the construction of 14 additional buildings are at stake in a smoking controversy that will affect the entire multifamily development industry in the state, lawyers following the case tell GlobeSt.com.
FORT MYERS, FL-Fort Lauderdale, FL-based Storage King LLC paid locally based Michigan Homes Inc. $23.40 per sf for the 78,000-sf former furniture structure at 2235 Colonial Blvd.
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
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