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07/20/2018
All Those New Apartments in South Florida Still Aren't Enough, Report Says
It may seem that an apartment complex is going up on every street corner in South Florida, but a new report shows that builders actually have some catching-up to do. Renters moved into 9,155 units across the tri-county region in the first half of 2018...

07/11/2018
IP Capital Partners, Blue Vista Pay $14.8 Million for Innovation Center at Lake Mary
A joint venture between Boca Raton, FL-based investor IP Capital Partners and Chicago-based Blue Vista Capital Management purchased the 565,927-square-foot Innovation Center at Lake Mary for $14.8 million, or about $26 per square foot. The partnership...

07/10/2018
Insula Cos. Closes on $49 Million Deal to Acquire Arrow Ridge
Sarasota, FL-based Insula Cos. purchased the 320-unit Arrow Ridge Apartment Homes in Kissimmee, FL for $49 million, or $153,000 per unit. The multifamily investor acquired the garden-style multifamily complex from Atlanta-based Waypoint Residential...

07/03/2018
Regency Centers Sells Alafaya Commons for $19.8 Million
Jacksonville, FL-based Regency Centers Corp. sold the 130,811-square-foot Alafaya Commons in Orlando, FL to LBX Investments for $19.8 million, or about $151 per square foot. The new owner also secured $13.65 million in acquisition financing for the...

06/28/2018
$150 Million Mixed-Use Tower to Bring Much Needed Housing to Dallas Arts District
After three years of planning and working with neighboring stakeholders in the Dallas Arts District, Orlando-based ZOM Holding Inc. has acquired a one-acre tract along Flora Street where it is readying to begin work on a $150 million, 41-story mixed-use...

06/25/2018
PAC Acquires 894-Bed Retreat at Orlando Near UCF
Atlanta-based Preferred Apartment Communities (PAC) acquired the 894-bed Retreat at Orlando student housing community for an undisclosed price. PAC (NYSE: APTS) purchased the community from Inland Private Capital Corp., which has owned the property...

06/22/2018
Apartment Construction Booming Across the Southern U.S.
The 816-unit Park Line Miami apartment towers at 250 NW 1st St. in Miami. The project is slated to be completed by the fourth quarter of 2019. Due to impressive in-migration as well as demographic growth and booming economies, southern metros have...

06/20/2018
Multifamily Developer Legacy Partners Making Push Into Florida, Georgia as Part of Southeast Expansion
Pictured: Jon Wood, senior managing director of the Southeast for Legacy Partners.National apartment developer Legacy Partners is making a move to expand its operations in the Southeast, particularly Florida. Legacy, the Foster City, CA-based shop...

06/20/2018
Hines Creates New Partnership Aimed at Senior Housing Investment
Pictured: A 15-story senior living facility Hines is developing with Welltower at 139 East 56th Street in Manhattan. Hines has created a new partnership aimed at assembling an investment portfolio specializing in senior living and other healthcare real...

06/14/2018
Buyers Getting Picky Over Big Apartment Offerings
Pictured: Wesley Village in Charlotte, NC, one of 11 communities HFF sold in a 3,039-unit portfolio to eight different buyers over the course of one year for an aggregate price of $480.6 million.It should be the high-season for sales of large apartment...

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