CENTRAL FLORIDA

The Community Redevelopment Agency is accepting applications through Nov. 4 for a triple net lease that could last up to 99 years.

Newmark arranged the sale of and $45 million in financing for Ascend Waterleigh Village, a newly constructed, 280-unit Class A multifamily community in Winter Garden, Florida, within the Orlando metropolitan area.  Newmark’s Scott Ramey, Brad Downing, Paul Grant and Grant Bretzlaff represented seller D.R. Horton. Matthew Williams, Brian Kochan and Rob Wright secured the financing ... The post Newmark Arranges $45M Financing for Orlando Apartment Acquisition appeared first on Connect CRE.

The project would add a Marriott-branded hotel, condos and retail space as downtown Kissimmee pushes forward with its redevelopment plans.

The proposed five-acre project would give the powersports retailer nearly five times the space of its current Cocoa location.

The project includes 13 floorplans ranging from 721 square feet to 1,516 square feet. Two penthouse units would exceed 1,891 square feet.

A 2,232-acre site is being marketed for a potential data center, but the owner said no project has been committed.

BKM Capital Partners (“BKM”) and Kayne Anderson Real Estate have acquired a four-property, 543,000-square-foot light industrial portfolio in Central Orlando for $103 million. The assets sit in the 33rd Street/McLeod and Silver Star corridors and bring BKM’s Central Florida holdings to 13 properties totaling more than one million square feet. The portfolio comprises seven buildings ... The post BKM, Kayne Anderson Pay $103M for Orlando Industrial Portfolio appeared first on Connect CRE.

The former United Natural Foods distribution center at 6100 McIntosh Road in Sarasota is available for lease. The 766,579-square-foot space, representing approximately 82% of the 929,856-square-foot Gulf Coast Gateway building, includes 202,857 square feet of cold storage, believed to be the largest block of its kind that is available in the state.  Nick DeVito II ... The post 766K-SF Sarasota Cold Storage Facility Available for Lease appeared first on Connect CRE.

Cushman & Wakefield has been selected by Mattamy Homes to market the multifamily development component in Downtown Newfield and the broader master-planned community’s Workplace District. It includes retail, flex and warehouse space, in Newfield, Mattamy’s master-planned community in Palm City, Florida. The marketing assignment is being led by Nikolaus Schroth and James McKinney of Cushman ... The post Cushman & Wakefield Lands Palm City Development Marketing Assignment appeared first on Connect CRE.

Adam America Real Estate and JW Capital Management announced the $180 million refinancing of Terrazul, a student housing community adjacent to Florida International University (FIU) at 700 SW 107th Ave. in Sweetwater, Florida. The loan, provided by Corebridge Institutional Investment, will be used to pay off the property’s existing construction loan and provide cash-out proceeds to ... The post Investor Team Scores $180M Refi for FIU Student Housing appeared first on Connect CRE.

Volta Global landed a $17.35 million acquisition loan for Westland Plaza, a 110K square-foot mixed-use retail and self-storage center in Hialeah, Florida. JLL worked on behalf of Volta Global to secure a two-year, floating-rate acquisition loan through Shelter Growth Capital Partners (SGCP). Westland Plaza was built in 1979 and renovated in 2008. The site comprises ... The post Volta Global Acquires 110K-SF Hialeah Retail, Self-Storage Property appeared first on Connect CRE.

Evolve Companies closed on a $70 million bridge and construction loan for a 352-unit multifamily development at 4800 US Hwy. 1 N. in Palm Coast, Florida. Northmarq’s West Palm Beach Debt + Equity team, led by Chris Hammel, arranged the loan on behalf of the borrower with Cross Harbor Capital Partners’ involvement. The loan was non-recourse financing that recapitalized phase I’s construction loan and preferred equity and funds for phase II’s construction. Evolve ... The post Evolve Inks $70M Construction Loan for Palm Coast Apartments appeared first on Connect CRE.

Rethink Healthcare Real Estate acquired UF Health / Intuitive Health Emergency Department and Urgent Care Center in Eustis, FL (Orlando MSA). Rethink paid $16.2 million for the 11,097-square-foot facility. Leased by UF Health Leesburg Hospital, the property reflects the kind of mission-critical medical outpatient real estate that continues to attract strong investor demand. The transaction ... The post Rethink Healthcare Acquires Orlando-Area Emergency/Urgent Care Facility appeared first on Connect CRE.

Eastwind Development began construction of The Aston at Longleaf, a 264-unit luxury apartment community on Preserve Drive in Melbourne, Florida. The beginning of construction immediately follows Eastwind’s closing on the acquisition of the 17-acre project site and a $45.5 million construction loan provided by TD. Situated in Florida’s Space Coast region, The Aston at Longleaf ... The post Eastwind Building 264-Unit Melbourne Apartment Community appeared first on Connect CRE.

McDowell Housing Partners closed on a construction loan and started work on Ekos at Bayonet Point II, the second phase of a three-phase master-planned community that will bring 360 affordable homes to Pasco County. The $38.9 million development will add 120 age-restricted apartments at 7526 McDowell Way in Hudson, one block from HCA Florida Bayonet ... The post McDowell Starts Work on Hudson Age-Restricted, Affordable Apartments appeared first on Connect CRE.