CENTRAL FLORIDA

A Central Florida brewery is gearing up for its fifth location as it expands its footprint and builds its brand beyond the taproom.

At least seven lawsuits were filed against entities related to Jim Larweth, the founder of Anton Rx and Anton Health who's been buying up properties.

A new grocer is investing $3.2 million to bring a market and food hall to the long-vacant Lucky’s Market space near UCF.

Publix just dropped $107.85 million on 29 acres at one of Horizon West’s biggest retail hubs — and the purchase could signal a bigger real estate strategy.

The property owner credits a deliberate capital improvements program launched two years ago for transforming the office campus into one of the strongest performers in the Lake Mary market, with upgrades ranging from renovated lobbies to enhanced fitness amenities.

A significant shift in the office segment of commercial real estate has implications for building owners, lenders and brokers. Here's what's changing and what it means.

Pearlmark has sold ShoreView Waterfront Apartments, a 216-unit Class A waterfront multifamily community located at 1161 3rd Avenue N in downtown Bradenton. Berkadia’s Matt Mitchell and Chris Burtner of Berkadia Florida arranged the sale on behalf of Pearlmark, which acquired the property through a mezzanine lender foreclosure before broadly marketing the asset for sale. The ... The post Pearlmark Offloads 216-Unit Bradenton Apartment Community appeared first on Connect CRE.

Cardone Capital paid $89.9 million for Orchid Run, a 282-unit apartment development in Naples, Florida. The Inland Real Estate Group of Companies was the seller. Berkadia’s Matt Mitchell and Chris Burtner arranged the sale on behalf of The Inland Real Estate Group. Completed in 2015, Orchid Run is located at 10991 Lost Lake Drive in ... The post Cardone Capital Pays $89.9M for 282-Unit Naples Multifamily Community appeared first on Connect CRE.

Broward County has submitted plans that could transform the 154-acre area surrounding the Florida Panthers’ home into a massive 24/7 mixed-use destination in Sunrise. The Panthers say they’re in the early stages of discussions with Broward County and Sunrise. A Sunrise City Commission will consider the proposal next week. The proposal could include 1,400 apartments, ... The post Florida Panthers, Broward County Exploring Entertainment District appeared first on Connect CRE.

Trinity Investments sold the Grande Lakes Orlando Resort, a 409-acre luxury complex anchored by a 582-key Ritz-Carlton (shown) and a 1,010-key JW Marriott, for $1.38 billion to Ryman Hospitality Properties, Inc. Trinity acquired the resort in December 2018 for $870 million, with financial backing from Elliott Investment Management. Trinity asserts the sale represents the largest ... The post Ryman Acquires Orlando Resorts for Record $1.38B appeared first on Connect CRE.

Delray Beach-based Redfearn Capital has partnered with private equity giant TPG to acquire a 53-building industrial portfolio in seven states for $628 million. DRA Advisors was the seller. The Portfolio comprises approximately 5.4 million square feet of distribution, logistics and manufacturing facilities across Florida, Georgia, North Carolina, Tennessee, Minnesota, Illinois and Oregon. Approximately 75 percent ... The post Delray Beach-Based Redfearn Capital, TPG Pay $628M for 53-Building Industrial Portfolio appeared first on Connect CRE.

Adam America Real Estate and Stellar Communities successfully refinanced the Havens at Hickory Tree Reserve, a newly completed 134-townhome build-to-rent community in St. Cloud, Florida. The joint venture secured a $35.1 million bridge loan from CoreVest American Finance Lender, LLC (“CoreVest”), replacing the project’s construction financing following completion of the community earlier this year. Aaron Appel, ... The post Adam America, Stellar Close Refi on 134-Unit St. Cloud BTR Community appeared first on Connect CRE.

Woodfield Development opened the doors to Tides at Palm Bay, a 318-unit, $100 million luxury apartment community in Palm Bay, Florida. Located at 2485 Port Malabar Blvd. NE Palm Bay, it features apartments in two five-story buildings & townhomes, alongside 19,000 square feet of commercial space. The development includes studio, one-, two-, and three-bedroom units, with rents ... The post Woodfield Delivers 318-Unit Palm Bay Rental Community appeared first on Connect CRE.

APREA and JSB Capital Group closed on a $202 million construction financing package with Bayview Commercial Mortgage Finance (BCMF) on The Avenue. The funding includes includes $109 million of C-PACE financing and a $93 million traditional construction loan. The milestone kickstarts construction of the mixed-use development near downtown Naples. The Avenue will include for-sale residences ... The post JV Lands $202M Construction Financing for Naples Mixed-Use Venture appeared first on Connect CRE.

MDH paid $67.7 million for the Lakeland Commer Center Buildings 100-300 in Lakeland, Florida. The three-building portfolio totals 557,000 square feet of space. Stonemont was the seller. A JLL Capital Markets team representing Stonemont was led by Cody Brais, John Huguenard, Luis Castillo, Taylor Osborne, David Orta Jr. and Mia Gian. Lakeland Commerce Center is ... The post 557K-SF Lakeland Warehouse Facility Trades for $67.7M appeared first on Connect CRE.

Beachwold Residential obtained a $176.6 million construction loan to finance the development of Place at Alafaya Phase I & II. The to-be-built, four-building, four-story, Class A, 484-unit, 1,395-bed student housing property will be located at the University of Central Florida (UCF) in Orlando, Florida. Affinius Capital originated the loan. The financing was arranged by Mona ... The post Beachwold Closes on $176.6M Financing for 1,395-Bed UCF Student Housing Venture appeared first on Connect CRE.