Stonebrook Apartment Homes $14 Mil financing
Monday, May 18
ORLANDO - CB Richard Ellis just announced that Dennis Jimenez, V.P. with CB Richard Ellis Capital Markets Group, has arranged financing. The amount of $14,050,000 on behalf of a venture between Canadian and Florida-based investors for the acquisition of Stonebrook Apartment Homes, in Sanford. San...
Palms at Town & Country to include Loehmann's
Sunday, May 17
MIAMI - TIAA-CREF, Flagler Development Group and Jones Lang LaSalle have announced that Loehmann’s will open in The Palms at Town & Country, in Kendall, near the spring of 2010. The 25,699sf Loehmann’s will open in the 400,000sf open-air Mediterranean-themed retail redevelopment which is curr...
Lakeland's Palm Center is sold
Friday, May 15
TAMPA - RMC Property Group announced the sale of Palm Center, a 132,000sf retail shopping center anchored by Beall’s Department Store, Beall’s Outlet and Tuesday Morning.Odyssey (IX) Commercial DP IV LLC acquired the property, at the northwest corner of Highlands Drive and South Florida Avenue in...
State Capital Catches Multifamily Break
Thursday, May 14
Some more positive news coming form Florida's State Capital. Not all is "Doom and Gloom" for Real Estate. The Main Stream media has told us for 3-4 years how bad the market is. Written By Carl CronanTALLAHASSEE, FL-Long-term prospects for economic growth and a strong government employment compone...
Atlantic Retail Properties announced another lease with Solantic
Monday, May 11
JUPITER - Atlantic Retail Properties announced another executed lease with Solantic Urgent Care. Solantic currently operates 24 locations in Florida with another five locations under construction. ARP exclusively represents Solantic throughout the state (excluding Orlando) and continues to seek n...
Bimini Capital Posts Operating Profit
Monday, May 11
Here is a REIT which has profits. Vero Beach is a beautiful town. Bimini Capital Management Inc. is doing a fantastic job.Article below written By Carl CronanVERO BEACH, FL-Locally based Bimini Capital Management Inc. on Monday posted first-quarter earnings from continuing operations of $1.9 mill...