A Jacksonville Southside Apartment Complex has sold
Monday, June 15
JACKSONVILLE - Southern Pines, a 200-unit apartment community, in Jacksonville, Florida has just sold. Walchle Lear Multifamily Advisors brokered the sale. Steve Lear and Bart Walchle of Walchle Lear Multifamily Advisors had an exclusive listing on the apartment community. Southern Pines was buil...
SunTrust Bank completes renovation, in Fort Myers
Sunday, June 14
FORT MYERS - The SunTrust Bank branch at 4415 Metro Parkway, in Fort Myers, has completed their renovation. J.L. Wallace Inc. was in charge of seeing the renovation through.David Grossman of J.L. Wallace was the project manager, with Joy Ready as project manager assistant. Brian Dragich served as...
Florida KFC sells for $650,000
Saturday, June 13
LONGWOOD - A KFC in Longwood, Florida was recently sold. This deal was for a single-tenant net lease deal. The location of this dining establishment is at 385 US 17-92 S. in Longwood, Florida. The price, paid by Jade Palace Longwood LLC, was $650,000.You can't go wrong with most KFC's. The origin...
Ocean Bank has funds for Commercial Real Estate Lending
Friday, June 12
MIAMI- Ocean Bank has announced that it provided a loan of approximately $11.7 million to Elias and Jorge Kasabdji. The Kasabdjis are principals of Flagler 4100 Property LLC. The funds are for construction of a 144-room Best Western hotel which will be located at 4100 W. Flagler Street, in Miami....
New hhgregg coming to Sarasota Crossings
Thursday, June 11
SARASOTA - Keene Construction Company has broken ground on the new multimillion-dollar Sarasota Crossings redevelopment. This makeover will be on Fruitville Road, close to a half mile west of I-75, in Sarasota.The expansion is being made for a new 30,000-square-foot store for hhgregg, a major Mid...
Love Funding secures $47.2M loan for Multifamily project
Wednesday, June 10
PALM BEACH - The Palm Beach office of Love Funding closed a new construction/permanent loan, for $47,212,900. The loan is for the Village at Secret Lake, which is a planned 432-unit multifamily housing complex. The project is in Kissimmee, Florida. Carolyn Whatley, first vice president and senior...