There's a big drop in the payoff rate for office CMBS loans under $10 million.

The tech-turned-healthcare giant is developing a $1.2 billion campus on 60 acres of riverfront property.

Just one other market-rate multifamily asset with 100 units or more has been constructed within a three-mile radius of Hangar at Thunderbird since 2010, says a source close to the deal, which has just been traded to Decron Properties for $69 million.

DXD Capital recently completed development here within a Qualified Opportunity Zone, and the firm's principal and fund manager tells GlobeSt.com that people are looking to Daytona for the good weather, amenities and activities, and favorable tax treatment.