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Features

Affordability, Rent Control Challenge Multifamily Sector

Erika Morphy | September 13, 2019

"With rent control, investment in new multifamily/rental housing essentially screeches to a halt."

Features

Finest Realization of Historic Building Potential

Ingrid Tunberg | September 13, 2019

We continue to take a deeper look at GlobeSt.com's ADAPT award winners in our pre-events coverage. Today, we highlight The Pizitz for its excellence in recognizing historic building potential.

News

Atlantic Health System Pays $26M for Rockaway Building

John Jordan | September 13, 2019

Atlantic Health System bested offers from 19 other potential buyers and saw great value in owning the building outright to expand its services and meet the health needs of the community, JLL states.

News

Majority of Youth Consultation Services' Portfolio Trades in Sale-Leaseback Deal

John Jordan | September 13, 2019

Commercial brokerage firm CBRE reported the transaction involved the purchase of seven buildings totaling approximately 82,000 square feet by one buyer in a sale-leaseback deal, while two other buildings that had recently been vacated by YCS were acquired by two separate purchasers.

News

Northwestern Mutual Buys Tampa High-Rise for $103M

John Jordan | September 13, 2019

Completed in 2017, the 21-story property offers a variety of spacious studio, one- and two-bedroom units averaging 1,087 square feet.

News

Two Tampa-Area Multifamily Properties Change Hands

John Jordan | September 13, 2019

The Oak Ridge Apartments, a 137-unit, garden-style, multifamily asset in Largo, which includes apartments and townhomes, sold for $15.9 million, or $116,350 per unit.

News

CAR Opposes Rent Control Measure's Passage

Lisa Brown | September 13, 2019

The California Association of Realtors issued a statement from president Jared Martin, saying it is disappointed by the passage of the bill, which moves California toward statewide rent control.