apartments

South Florida firm buys Sunrise apartment complex for $20.2M

South Florida firm buys Sunrise apartment complex for $20.2M

A South Florida-based firm acquired a 128-unit apartment complex in Sunrise for $20.25 million. Ortsac Investments paid about $158,000...

South Florida firm buys Sunrise apartment complex for $20.2M
Motivated buyer: Grant Cardone borrows $93.5M for 501-unit Sunrise rental complex

Motivated buyer: Grant Cardone borrows $93.5M for 501-unit Sunrise rental complex

Motivational speaker and author Grant Cardone financed the acquisition of an apartment complex in Sunrise with a $93.5 million...

Motivated buyer: Grant Cardone borrows $93.5M for 501-unit Sunrise rental complex
Chicago and Houston skylines (Credit: Unsplash)

Demand for apartments reaches 5-year high across US

Across the nation demand for apartments is now at a five-year high, a consequence of slow home sales and...

Demand for apartments reaches 5-year high across US
Opportunity Zone in Jacksonville is site of bank-financed apartment development

Opportunity Zone in Jacksonville is site of bank-financed apartment development

Two developers announced plans to build 486 apartments in Jacksonville on a nine-acre site in an Opportunity Zone. Arlington,...

Opportunity Zone in Jacksonville is site of bank-financed apartment development
New apartment complex in downtown Sarasota sells for $444,444 per unit

New apartment complex in downtown Sarasota sells for $444,444 per unit

The developers sold a new luxury apartment complex in downtown Sarasota for $444,444 per unit – which may be...

New apartment complex in downtown Sarasota sells for $444,444 per unit
U.S. Cellular Plaza and Wells Fargo interim CEO C. Allen Parker (Credit: Colliers and Wells Fargo)

Pension fund manager gets $500M refinancing on national portfolio

UPDATED, May 10, 4:30 p.m.: FCA Partners, an investment manager that counts one of the country’s top pension funds...

Pension fund manager gets $500M refinancing on national portfolio
Joint venture in South Florida set to build 288-unit apartment complex near Daytona

Joint venture in South Florida set to build 288-unit apartment complex near Daytona

UPDATED April 29, 4:40 p.m.: Two South Florida real estate development companies formed a joint venture to build a...

Joint venture in South Florida set to build 288-unit apartment complex near Daytona
Rilea Group will tear down part of a Sunrise shopping center for a rental development

Rilea Group will tear down part of a Sunrise shopping center for a rental development

Miami-based Rilea Group will demolish part of a 32-year-old shopping center in Sunrise this summer to clear the site...

Rilea Group will tear down part of a Sunrise shopping center for a rental development
Miami city commissioners approve rezoning for mixed-use Blue Lagoon development

Miami city commissioners approve rezoning for mixed-use Blue Lagoon development

Miami city commissioners approved a rezoning that would permit a mixed-use development in the Blue Lagoon area just south...

Miami city commissioners approve rezoning for mixed-use Blue Lagoon development
New apartments near Coral Gables hit the market with rents starting at nearly $2,000

New apartments near Coral Gables hit the market with rents starting at nearly $2,000

UPDATED, March 24, 3:45 p.m.: New York City-based Greystone Development started leasing The Aura, a new 100-unit apartment building...

New apartments near Coral Gables hit the market with rents starting at nearly $2,000
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