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Wyndham Destinations, which did not announce a specific location for its corporate headquarters, says it will be making a $7.5-million capital investment in establishing its headquarters in Orlando.
There was also unsettling news for Florida and particularly the southern section of the state as the report puts the state of Florida at number one with the most susceptibility to storm surge flooding of the 19 states analyzed.
The Tampa-based multifamily owner and operator has acquired a total of three properties in the suburbs of Orlando and Atlanta, as well as an apartment complex in Charleston, SC. A
To date, KAREP V has successfully deployed more than 20% of the KAREP V fund or approximately $360 million. KAREP V is seeking opportunities across seniors housing, medical office and student housing sectors, the company states.
The time of a storm is not the time to be determining what to do. Now is when we can talk to our experts and help everyone understand the timeline and implement proper procedures.
This is Electra's and American Landmark's third multifamily acquisition so far this year. In South Florida, they also own and operate Beach Walk at Sheridan in Dania Beach and Lago Paradiso in Miami.
Kassin is the founder and managing partner of the New York City-headquartered firm, which now owns and manages more than 60 properties in eight states and has completed more than $2 billion of real estate-related investments since 2005.