SOUTHWEST FLORIDA

The post Florida People & Companies, August 7, 2026 appeared first on Connect CRE.

The United Group of Companies closed on a $52 million loan to refinance Alloro at University Groves, a 55+ apartment community at 3540 Broadway Ave, in Sarasota, Florida. A Walker & Dunlop Capital Markets Real Estate Finance team led by Walker Layne, Matthew Wallach, Stephen West, Austin Sneed, and Tyler Evenson arranged the floating-rate, interest-only bridge loan provided by Bridge Investment Group on ... The post United Group Obtains $52M Refi on Sarasota 55+ Rental Community appeared first on Connect CRE.

RIVANI purchased 404 Washington, an 8-story mixed-use office and retail property positioned at the gateway to Miami Beach’s South of Fifth neighborhood. The Trump Group was the seller. Comprising nearly 61,000 square feet of office and retail space, 404 Washington occupies the corner of Washington Avenue and Fifth Street. Built in 1995 and renovated in 2026, ... The post RIVANI Adds to Miami Beach Holdings appeared first on Connect CRE.

A joint venture between Prosper Group and Belgium’s Versluys Group closed on a three-parcel assemblage for $50 million. Vaster provided a $30.5 million acquisition loan. The off-market site was acquired from Two Roads Development and Newgard Development Group. The assemblage is located at 66 SW 6th Street, 625 SW 1st Avenue, and another lot without an assigned address. ... The post JV Completes Brickell Assemblage, 60-Story Tower on Way appeared first on Connect CRE.

The Richman Group closed on $225 million in permanent financing across three fully stabilized Florida luxury multifamily communities–each in excess of their original construction loans. The refinancing deals, totaling $107 million for The Marc in Palm Beach Gardens, $72.5 million for Everly in Naples, and $45.5 million for Vista Sur in South Miami, carry a ... The post Richman Group Secures Refis on Three Florida Rental Assets appeared first on Connect CRE.

Kamson Corp. paid $90.5 million for a 400-unit condominium complex in West Palm Beach, with plans to convert the units into apartments. An Institutional Property Advisors team consisting of Luke Wickham, Shelton Granado and Justin Basquill, along with Evan Kristol from Marcus & Millichap, brokered the sale. “The highest and best use of this property ... The post W. Palm Beach Investor Buys Condo Property, Converting to Apartment Units appeared first on Connect CRE.

A Westlake homebuilder sold a 24-acre site to Walmart for $11.68 million. The company plans to build an 188,779-square-foot superstore that will include a pharmacy, garden center, automotive center and gas station. Minto was the seller. of the land at 5253 Seminole Pratt Whitney Road. The homebuilding company is building a 6,000-unit subdivision in the ... The post Walmart Buys Westlake Site for 188K-SF Store appeared first on Connect CRE.

Balfour Beatty, in partnership with the University of Florida (UF), will deliver 2,217 beds across four residential buildings, totaling more than 680,000 square feet. This is Phase 1 of a plan to add 10,000 new beds during the next 10 years, a $2 billion-plus initiative approved by the UF Board of Trustees. Balfour Beatty is ... The post Balfour Beatty, Stellar Tabbed for 2,217-Bed UF Student Housing Venture 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.