Southeast

Some economists think that this time it might be different.

The project, dubbed SouthLawn, will add more than 600 residences, more than 15,000 square feet of retail space and a town green near the historic downtown.

The deal marks a shift in corporate purchasing strategy for the PIA Group from single-family to multifamily value-add opportunities.

The 140-room hotel received a $1.4 million renovation last year.

"We've seen the occupancy levels in all of our properties increase so far this year.”

Starwood Mortgage Capital, LLC of Miami originated $40.75 million for the 55 Miracle Mile mixed-use building in Coral Gables and The Nexus property portfolio.

During the go-shop period Quality Care received a competing offer but the board never changed its recommendation to accept the Welltower offer.

The sale also included the retail center but also air rights for a fully-entitled office building.