CENTRAL FLORIDA

The real estate veteran will focus on talent development, recruiting and client relationships across Orlando, Jacksonville and Stuart.

A national homebuilder is lined up for a major new St. Cloud community as development continues to reshape one of Central Florida’s fastest-growing areas.

A local developer is pitching a $70 million waterfront district in Lake County that could bring a hotel, apartments, restaurants, retail and more.

An Orlando developer has poured nearly $20 million into DeLand properties, with more acquisitions and major retail redevelopments on the horizon.

The city will reimburse a part of the cost of the parking garage, which will add over 250 public spaces to a downtown that currently has only 75.

An entity tied to Winter Garden investor Jim Larweth has purchased the shuttered MoonCricket Grille property. Here's what he said is planned for the building.

A proposed land swap could reshape Avalon Park Group’s plans for a $200 million mixed-use development.

UCF's new stadium tower is designed to host events such as weddings, corporate events and proms throughout the year, not just football games. The roughly $90 million project increases seating and square footage in time for 2026 season.

Florida Tech has opened the doors of a six-story, 556-bed student housing complex on the Melbourne campus. It was funded through $96.1 million in municipal bond financing. Dubbed Crimson Crossing, it was built using a Public-Private Partnership (P3) model with Servitas Development. It took 15 months to build. The majority of the apartment-style units in the complex will be four-bedroom, ... The post Florida Tech Opens $96 Million Student Dorm appeared first on Connect CRE.

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.