CENTRAL FLORIDA

Three franchisees are now overseeing Twin Peaks and plan to eventually purchase the chain. Hear from executives about why they don't see much to change in the wake of bankruptcy.

The Orlando Dreamers have outlined how they plan to finance their proposed baseball stadium, including who would own the facility and how much the group expects to contribute in private capital for baseball operations and development.

The University of Central Florida is back before Orange County officials with a new funding request for athletics facilities, just three years after receiving nearly $100 million in tourist tax dollars for a football stadium expansion.

A national pet retailer is closing 74 stores — including two in Central Florida — as it restructures part of its business.

Lake Nona’s rapid growth has attracted its first car dealership, opening the door for a major automotive investment.

A former logistics headquarters in Lake County has sold for more than $15 million as demand for industrial space continues to grow in the area.

Major homebuilders including Dream Finders Homes, Toll Brothers and Lennar have already secured positions in the development, while Pulte Homes is under contract for a tourist home community expected to generate $6 million in tax revenue.

What’s driving the next wave of growth across Central Florida? OBJ’s latest State of the Industry report examines the biggest real estate trends shaping the region.

The first MilkShake Factory in Central Florida has opened, and the veteran-owned franchise team already has its sights set on two more locations.

A Brevard County homebuilder is joining a company with multibillion-dollar U.S. ambitions.

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.

Extant Aerospace broke ground on a new 376,000-square-foot industrial manufacturing facility in Melbourne. Michael Moss II of Lightle Beckner Robison represented Extant Aerospace securing the building. The Orlando Business Journal reports the new facility is part of the Harbour Logistics Center development, an industrial center with a total of 530,000 square feet of Class-A space ... The post Aerospace Firm Spending $75M on Orlando Plant appeared first on Connect CRE.

WD Capital Group arranged $101 million in construction financing for Visions Orlando Resort & Spa, a 70-acre master-planned luxury resort community in Davenport, Florida. Sponsored by Urban Network Capital Group (UNCG) and Vertical Developments, the project features a mix of single-family homes, townhomes, and condominium residences complemented by an extensive amenity program and neighborhood-serving retail. ... The post Joint Venture Inks $101M Construction Loan for Davenport Mixed-Use Venture appeared first on Connect CRE.

Hedrick Brothers Development secured a $56.5 million construction loan for The Hedrick at Lake Toho, a 366-unit luxury multifamily community planned along Toho Grande Boulevard in Kissimmee.   Located on approximately 21.7 acres, The Hedrick at Lake Toho will feature a mix of one-, two- and three-bedroom residences. Initial leasing is expected at the end of ... The post Hedrick Brothers Secures Loan for 366-Unit Kissimmee Rental Community appeared first on Connect CRE.

Avison Young arranged the sale of Maitland 200, a 207,000-square-foot four-story atrium-style class A office building located at 2301 Maitland Center Parkway in the Maitland submarket of Orlando, Florida, for $17.8 million. Brookwood Financial Partners was the seller. Avison Young’s Michael T. Fay, David Duckworth, John K. Crotty, Brian C. de la Fé, Greg Morrison ... The post Brookwood Offloads 207K-SF Orlando Office Building appeared first on Connect CRE.

S3 Capital provided a $101 million construction loan for Visions Orlando Resort & Spa, located just outside of downtown Orlando. The project is being co-developed by Urban Network Capital Group (UNCG) and Vertical Developments.  The resort integrates a mix of luxury single-family homes, townhomes, and condo residences, wellness-focused amenities, retail spaces, and a broad range of recreational experiences.  The ... The post S3 Inks $101M Construction Loan for Orlando Residences appeared first on Connect CRE.