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Winter Park, Florida-Based Investor Sells Alexander at Countryside for $63.3 Million

Alexander Investments International, Inc., a Winter Park, Florida-based multifamily development firm, sold a 330-unit apartment complex in Clearwater, Florida, to a group of private investors for $ 63.3 million, or about $ 210,000 per unit. Dubbed The Alexander at Countryside, Alexander Investments broke ground on the complex in September 2016 and completed construction earlier this […]

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Boca Raton Investor Sells 123-Key Holiday Inn in Tampa for $6.3 Million

Boca Raton, Florida based investor Waramaug Hospitality sold the Holiday Inn Express & Suites Tampa-USF-Busch Gardens, a 123-key hotel in Tampa, Florida, for $ 6.33 million, or about $ 51,000 per key. A joint venture between investment firm TCOR Hotel Partners and private equity firm TriGate Capital LLC purchased the hotel. The partnership also secured […]

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Local Investor Buys Lake Osprey Office Building in Sarsota for $7.4 Million

Locally based investor Lawrence Holdings LLC acquired the 37,500-square-foot Lake Osprey office building in Sarasota, Florida, for $ 7.4 million, or $ 207 per square foot. The local investor bought the property from Lakewood Ranch Commercial Realty LLC. According to Robbie McEwan of Holliday Fenoglio Fowler, a broker that represented the seller in the deal, […]

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Chicago Investor Secures $53 Million in Financing for The Godfrey Hotel and Cabanas Tampa

Chicago-based hotel investor Oxford Capital Group secured a $ 53 million non-recourse ramp loan for The Godfrey Hotel and Cabanas Tampa located at 7700 West Courtney Campbell Causeway in Tampa, Florida. Jordan Ray, Ari Hirt, Alex Draganiuk and Justin Hunt of Mission Capital Advisors arranged the financing for the borrower, securing a floating-rate loan with […]

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New York Investor Sells River View Apartments in Tampa for $31 Million

New York-based investor Axonic Properties sold the 296-unit River View Apartments in Tampa, Florida, to an undisclosed buyer taking title as River View Apartments LLC for $ 31 million, or about $ 105,000 per unit. Axonic Properties originally acquired the apartment complex in 2017 from The Reliant Group for $ 23.4 million, according to CoStar […]

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