Blog Archives

Nashville-Based Investor Completes First Ever Tampa Purchase, Buys The Collection at Sabal Park for $52.8 Million

Nashville, Tennessee-based investor Priam Capital is expanding its presence in the Southeast with its first ever purchase in Tampa, Florida. Priam Capital acquired the eight-building The Collection at Sabal Park for $ 52.79 million, or about $ 121 per square foot. The firm bought the office buildings from a joint venture between IP Capital Partners […]

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Philadelphia Multifamily Investor Enters Tampa Market with 208-Unit Apt. Buy

Balfour Beatty Communities, a subsidiary of Balfour Beatty Investments, made its first ever purchase in the Tampa market, expanding its Florida presence. The multifamily investor partnered with Houston-based private investor and fund manager ApexOne Investment Partners to acquire the 208-unit Providence at Zephyr Ridge from the property’s developer, Lake Mary, FL-based Providence One Partners LLC, […]

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Local Investor Secures $9 Million Refi for Holiday Inn Express in Lake Wales

A private investor taking title as Lake Wales Hotels & Resorts LLC secured a $ 9 million non-recourse commercial mortgage-backed securities (CMBS) permanent loan to refinance the Holiday Inn Express at 2953 Ridge Way in Lake Wales, FL. Aries Conlon Capital senior vice president Francisco Nacorda originated and arranged the 10-year, fixed-rate loan, which closed […]

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Canadian Investor Pays $9.2 Million for Fiesta Plaza in Westshore

Toronto-based Dundas Real Estate Investments acquired the Fiesta Plaza in Tampa’s Westshore submarket from Ellis & Company, LTD for $ 9.15 million, or about $ 83 per square foot. Located at 4001-4058 N. Armenia Ave., the 103,298-square-foot shopping center was originally built in 1987. Major tenants located at Fiesta Plaza include Fresco y Mas, Family […]

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Major CRE Investor Set to Exit Hot Southeast Multifamily Market

AVR Realty’s latest apartment offering is a massive portfolio including the SkyHouse Channelside in Tampa. A big apartment owner with a number of multifamily holdings throughout the Southeast is exiting the region’s hot rental market with the listing of its latest portfolio. AVR Realty, a national real estate investment and development firm based in Yonkers, […]

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