Blog Archives

Equity Management Partners Buys Tampa Bay Center for $27 Million

Equity Management Partners purchased the Tampa Bay Center, a 142,350-square-foot shopping center in Tampa, Florida, for $ 27 million, or about $ 190 per square foot. The Largo, Florida-based investor acquired the shopping center from locally-based equity funds firm Third Lake Capital, which originally acquired the property in 2015, according to CoStar data. Located at […]

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CoStar’s People of Note (Mar. 3) – DDR Replaces Executive Suite with Team from Equity One

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Cleveland / N. Ohio, Atlanta, Northern New Jersey, South Florida, Los Angeles, Tampa / St. Petersburg, Denver, South Bay, Kansas City, Dallas / Ft. Worth, Richmond / […]

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Equity Mgmt Sells Carrollwood Palms in Tampa

Equity Management Partners, Inc. sold the 204-unit Carrollwood Palms multifamily complex at 4302 Gunn Hwy. in Tampa, FL to Blue Rock Premier Properties, Inc. for $ 17.9 million, or approximately $ 88,000 per unit. The 165,460-square-foot multifamily community consists of one-, two- and three-bedroom units in 13 buildings. It was built in 1986 and sits […]

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Equity Sells Griffin Park Apts in Lakeland

Equity Management Partners, Inc. sold the 173-unit Griffin Park Apartments at 1013 Griffin Rd. in Lakeland, FL to the joint venture partnership between Michaelson Group LLC and MKJS Enterprises for $ 10.08 million, or approximately $ 58,000 per unit. The 118,812-square-foot multifamily community was constructed in 1975 on 6.6 acres in Polk County and consists […]

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Home Equity Can Boost Retirement Security

Here’s another benefit of home ownership — it improves retirement security. As home owners make their monthly mortgage payments and increase their home equity, they increase the amount that they can cash out later on if they decide to sell. There are even homeowners who will be able to fully pay their mortgages before their […]

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