Blog Archives

NorthEnd Equities Purchases 400-Unit Multifamily Community in Tampa

NorthEnd Equities LLC, a commercial real estate firm based out of New York City, acquired the 400-unit Hanley Place apartments at 7315 W. Hanna Ave. in Tampa, FL from Axonic Properties for $ 42.15 million, or about $ 105,000 per unit. “Hanley Place is a stabilized asset with high historical occupancy,” says Michael Regan, senior […]

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Ryan Companies Secures $16.7M in Construction Financing for Senior Living Community in Sarasota

Ryan Companies U.S., Inc. secured $ 16.699 million in construction financing for the planned development of the Grand Living at Lakewood Ranch senior living facility at 7230 University Pky in Sarasota, FL. David Fasano, Sarah Anderson, Ryan Maconachy and Chad Lavender of HFF arranged the financing on behalf of the borrower. With financing in place, […]

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Robbins Property Associates Pays $30M for Multifamily Community in Brandon

Robbins Property Associates, a multifamily property investment firm based out of Tampa, acquired the 228-unit Lakeside Central apartments at 529 S. Parsons Ave. in Brandon, FL from The Collier Companies for $ 30 million, or about $ 132,000 per unit. “This sale represents the premium pricing that can be achieved through a proven value-add initiative,” […]

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Lat’s Development Sells Sarasota Multifamily Community

Lat’s Development, Inc. sold the 54-unit multifamily complex at 3435 Saulstars Ct. in Sarasota, FL for $ 5.1 million, or about $ 94,000 per unit, to The Gables at Honore LLC. The 59,800-square-foot condominium community consists of 29 buildings in the Sarasota MF submarket. It was 85 percent occupied at the time of sale. Sean […]

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Community Charter School of Excellence Leases 35,000 SF in Tampa

Community Charter School of Excellence will relocate following its lease of 34,718 square feet at 1251 E. Fowler Ave. in Tampa, FL. The single-story building totals 65,300 square feet on five acres. The building delivered in 1980 to the Northeast Tampa submarket and renovations were completed in 1985. Dimitrios Langas and George Langas of RPM […]

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