Florida

Flournoy Partners Land $55 Million ReFi for Metro Orlando’s Apex Posner Park

by Lynn Peisner October 30, 2025

DAVENPORT, FLA. — Walker & Dunlop has arranged a $55 million loan for Flournoy Partners to refinance Apex Posner Park Apartments, a luxury community in Davenport, 33 miles southwest of Orlando. Walker & Dunlop’s team was led by Jeremy Pino, Livingston Hessam, Carl Passmore and Kyle Miller. An undisclosed institutional lender provided the capital for the bridge loan. The property’s amenities include a saltwater pool with cabanas and grilling areas, a fitness center, package lockers, a dog park, a clubhouse and a gaming area with billiards. According to the property …

October 30, 2025

Florida Investment Sales News Southeast

Marcus & Millichap Arranges $6 Million Sale in Fort Lauderdale

by Lynn Peisner October 30, 2025

FORT LAUDERDALE, FLA. — Marcus & Millichap has arranged the $6 million sale of 21 Apartments in Fort Lauderdale. Built in 1953 and renovated throughout the years, 21 Apartments is located at 2100 NE 33rd Ave. The two-story property comprises a mix of studios, one-bedroom and two-bedroom apartments. Each unit is furnished. The property features on-site laundry facilities, a pool, outdoor lounge areas and an on-site management office. Marcus & Millichap’s team was led by Evan Kristol, Felipe Echarte, Brandon Rex and Austin Michels. The team represented the seller and …

October 30, 2025

Berkadia Finance Florida News Southeast

Berkadia Arranges $17.8 Million ReFi for Miami Community

by Lynn Peisner October 29, 2025

MIAMI — Berkadia has arranged a $17.8 million Fannie Mae loan for Rental Asset Management (RAM). The sponsor will refinance RAM Miami River North, a 96-unit community in the Little Havana area of Miami that RAM acquired in 2022. Berkadia’s Miami-based team consisted of Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins and Hugo Hernandez. RAM is an Oakland Park, Florida-based multifamily owner and operator. Berkadia also arranged the original acquisition loan through Amerant. “Almost three-quarters of the units at RAM Miami River North offer rents at 120 percent of …

October 29, 2025

Florida Investment Sales News Southeast

Eastham Capital, Merion Realty Partners Sell The Monroe in Tallahassee for $47.5 Million

by Lynn Peisner October 28, 2025

TALLAHASSEE, FLA. — Florida-based Eastham Capital has sold The Monroe Apartments, a 288-unit apartment community in Tallahassee for $47.5 million. The property was acquired in 2019 with a value-add strategy alongside partner Merion Realty Partners as part of a portfolio called Eastham Capital Fund V. The buyer’s identity was not disclosed. The Monroe Apartments include a mix of one-, two- and three-bedroom units ranging from 1095 to 1695 square feet. Eastham Capital and Merion implemented a repositioning strategy that the owners say enhanced the asset’s profitability. At the time of …

October 28, 2025

Development Florida Investment Sales News Southeast

Joint Venture Closes on $68 Million Land Sale for South Florida Mixed-Use Development

by Lynn Peisner October 22, 2025

COCONUT CREEK, FLA. — A joint venture, consisting of Rosemurgy Properties, 13th Floor Homes, Schmier Property Group and Giles Capital Group, has closed on the $68 million purchase of 170 acres in Coconut Creek for the development of Mainstreet, a mixed-use community. Mainstreet will encompass 12 blocks with a projected build-out value at approximately $1 billion. The multi-phase project will include approximately 80,000 square feet of grocery-anchored retail space, dining and civic amenities. The residential component of the Broward County project will consist of 792 apartment units, 414 townhomes, 148 …

October 22, 2025

Development Finance Florida News Southeast

Onicx Group Refinances Construction Loan on Orlando Project

by Lynn Peisner October 16, 2025

ORLANDO, FLA. — A joint venture led by Onicx Group has secured a $66.3 million first mortgage provided by Mesa West Capital for Nova at East Park Village, a 264-unit property in Orlando. Construction wrapped in August. The property features a mix of one-, two- and three-bedroom units across three mid-rise buildings. Amenities include a pool with cabanas and a 24-hour fitness center. Nova at East Park Village is located in the master-planned Lake Nona submarket, approximately 12 miles southeast of downtown Orlando. Orlando-based ZRS Management is the property manager. …

October 16, 2025

Finance Florida News Southeast

Affinius Capital Originates $204 Million Loan to Refinance Aster & Links in Sarasota

by Lynn Peisner October 16, 2025

SARASOTA, FLA. — Belpointe OZ (NYSE: OZ) has received a $204 million loan from Affinius Capital to refinance Aster & Links, a 424-unit newly completed community in Sarasota. Lantern Real Estate Advisors + Partners arranged the loan. The property is comprised of the Aster building with 243 units and the Links building with 181 units and is anchored by a 50,300-square-foot grocery store leased to Sprouts Farmers Market. Amenities include rooftop lounges, resort-style pools, coworking spaces, courtyards, fitness centers, catering kitchens, clubrooms and 24-hour concierge services. The project was completed …

October 16, 2025

Finance Florida News Southeast

Walker & Dunlop Arranges Permanent Financing for Forma Miami

by Lynn Peisner October 16, 2025

MIAMI — Walker & Dunlop has arranged a $238.4 million, fixed-rate Freddie Mac loan for Forma Miami, a 588-unit project locally based developer Crescent Heights completed earlier this year. Forma Miami, located in the Edgewater neighborhood, was designed by Rockwell Group and Arquitectonica. Units are offered in a mix of floor plans ranging from studios to three-bedrooms. The property is home to approximately 85,000 square feet of indoor and outdoor amenity space as well as Edgewater’s first Whole Foods Market, occupying about 50,000 square feet at the base of the …

October 16, 2025

Florida Investment Sales News Southeast

Marcus & Millichap Arranges $7.2 Million Sale in Miami

by Lynn Peisner October 13, 2025

MIAMI — Evan Kristol and Felipe Echarte of Marcus & Millichap’s Fort Lauderdale office have arranged the sale of Timbercreek Apartments in Kendall, a neighborhood in the southwest area of the Miami metro. The 29-unit property is located at 11098 SW 107th St. and consists of two three-story buildings totaling 25,746 square feet with a mix of one- and two-bedroom units averaging 888 square feet. Apartments feature tile flooring, updated kitchens and bathrooms and private balconies or patios. Amenities include a pool, laundry facilities and 52 surface parking spaces. The …

October 13, 2025

Development Finance Florida News Southeast

Terra Opens Centro City Residences in Miami

by Lynn Peisner October 10, 2025

MIAMI — Locally based developer Terra has completed construction of Centro City Residences, a 470-unit community that is part of the first phase of Centro City, a 38-acre mixed-use development in Miami’s West Little Havana neighborhood. The Arquitectonica-designed development comprises three eight-story buildings that surround courtyards, pool decks and landscaped sidewalks. Leasing is currently underway, with tenant move-ins in progress. Centro City Residences offers studio, one-bedroom and two-bedroom apartments with monthly asking rents that start at approximately $2,400. Amenities include a two resort-style pools with cabanas, a fitness center, yoga …

October 10, 2025

Newer Posts

Older Posts