Miami

The initiative to create the Regatta Harbour mixed-use project being developed by The TREO Group of Miami recently produced a welcome tangible result with the opening of the Regatta Harbour Marina.

HFF represented the seller and worked with the buyer in the transaction to secure the acquisition financing from New York Life Insurance Co. Loan proceeds were used to acquire the property and provides additional capital for an upcoming building renovation, HFF reports.

Momentum Real Estate has thus far acquired 4,100 multifamily units valued at more than $550 million.

Florida Valuation Group's three principals Nick Chop, MAI, R/W-AC; Courtland Eyrick, MAI, AI-GRS and Justin S. Markley, MAI, CCIM, along with the firm's team of appraisers are all joining CBRE in Jacksonville. Every member of the Florida Valuation Group's team has extensive commercial and litigation appraisal experience.

The New York City-based company, which has grown since its founding in 2013 to have more than 60 locations in 35 cities, signed a lease with Parkway Property Investments at the 30-story, 539,000-square-foot office tower.

Holliday Fenoglio Fowler, L.P. reports it arranged $20.30 million in financing for Tricera Capital's purchase of the 360,000-square-foot building at 2751 South Dixie Highway.

In addition to its corporate headquarters at 5332 Avion Park Drive in Tampa, the firm also shut the doors at its other three locations—8888 E. Raintree Drive in Scottsdale, AZ; 450 N. New Ballas Road in the St. Louis suburb of Creve Coeur, MO and 644 Eden Park Drive in Cincinnati, OH.

The site is currently planned for the development of approximately 560,000 square feet of office space and is located along the pedestrian bridge to MARTA's Buckhead station adjacent to a number of dining, retail, high-rise residential and hotels properties.