Multifamily

Career opportunities in commercial real estate run the gamut from architecture, asset management and investment banking to engineering and environmental science.

The community places a focus on wellness with a bike share station, designated refrigerated area for fresh and frozen food delivery, safe and accessible street infrastructure and accessible outdoor living spaces.

Employment figures continue to increase, growing 2.5% annually since January 2018, combined with a decrease in deliveries, resulting in increased effective rents to $1,088, a 1.5% increase since Q1 2018.

“Investors responded very favorably to this offering, given the lack of multi-housing opportunities on the waterfront and the building's high-quality construction,” HFF's Cruz states.

Stavrianos' background includes 13 years at CallisonRTKL and a dozen years at Pappageorge Haymes Partners.

Follow a deal earlier this year involving the purchase of the Tropical Manor apartment complex, GlobeSt.com takes a closer look at Florida affordable housing and learns more on how the much-needed affordable units of this particular complex could have otherwise been converted to market-rate housing.