Blog Archives

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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Fairway Investments Sells River Walk Shopping Center

Fairway Investments sold the River Walk Shopping Center at 11322 – 11454 Ridge Rd. in New Port Richey, FL for $ 10.35 million, or about $ 150 per square foot, to FL Equities LLC. The 69,083-square-foot retail strip was constructed in 2005 on 9.2 acres in the Pasco County submarket. It is anchored by Publix […]

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Blue Rock Buys 776-Unit River Chase Complex for $70 Million

Korman Residential Properties sold the 776-unit Korman River Chase multifamily complex in Temple Terrace, FL, to Blue Rock Premier Properties Inc. for $ 70 million, or approximately $ 90,206 per unit. The 673,452-square-foot apartment community consists of one-, two- and three-bedroom units in 78 buildings. It was built in 1988 and sits on 78 acres […]

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