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Crescent Communities, a leading developer in Orlando for more than 20 years, announced today the purchase of a 4.6-acre site slated for a walkable mixed-use development in Downtown Orlando. The site was formerly owned by Orlando Health.

Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country, was honored at the recent Novogradac 2016 Tax Credit Housing Developers Conference in Miami Beach, Florida, alongside The Reliant Group during the 2016 Developments of Distinction Awards ceremony for their exceptional achievement in affordable housing development

Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today that it has provided a $39.4 million Freddie Mac loan to refinance a multifamily property located in Tampa, Florida

“ARCO / Murray has extensive experience in the cold storage and distribution industries, and we understand the unique challenges of building facilities that work for companies like La Chiquita,” said Lee Dunam, ARCO / Murray Director of Business Development.

Six class-A office buildings totaling over 1.4 million square feet (1000 Waterford, 5200 Waterford, 5201 Waterford, 5301 Waterford, 701 Waterford and 703 Waterford) and two parcels of land totaling over 26 acres are included in the transaction. A new office development is currently in the planning stage on the parcel at 800 Waterford.

Since joining Avison Young in December 2014, the Capital Markets team led by Michael T. Fay, Principal and Managing Director with Avison Young in Miami, has completed investment sales valued at more than $190 million and spanning more than 7 million square feet and 108 acres. Additionally, the team has $100 million worth of deals under contract and $150 million more in the pipeline

As you are driving along, have you ever stumbled upon a property for sale and wondered, “What is the asking price?” Now it is as easy as opening an app and having all the property details and photos at your fingertips

CBRE Investment Properties arranged the sale of the Mangonia Business Park, a small-bay industrial asset of five buildings in Mangonia, LLC, Florida. The 49,024 square-foot property at 4711 Australian Avenue was acquired by Mangonia, LLC, from GA 4711 Australian Avenue, LLC for $2.4 million.

CBRE arranged the sale of a two-story, bank-anchored historic property boasting a coveted Alhambra Circle address in Coral Gables, Florida. Redavi, LLC acquired the 4,044-square-foot mixed-use building at 270 Alhambra Circle from Lotus-Sutra Corp. for $2.25 million. The property is 50% occupied by anchor tenant, Eastern National Bank. CBRE represented the seller in the transaction

Local law firms are helping to drive the current office leasing market according to Franklin Street, a full-service commercial real estate company based in Tampa. “With law firms getting busier, we are seeing more expansion activity in the market,” said Chris Butler, a managing director of Franklin Street’s Office and Industrial Services division.

Cushman & Wakefield announced today that it has brokered the sale of Deerwood Village Apartment Homes, a 328-unit, garden-style, luxury multifamily community in Ocala, Florida. Senior Director Jay Ballard and Director Ken Delvillar of Cushman & Wakefield’s Multifamily Advisory Group represented an affiliate of Brookfield Property Partners in the transaction. The buyer was Ocala FL Apartment Partners, LLC.

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Hines, the international real estate firm, announced today that Ashton Woods and David Weekley Homes have broken ground on the first of seven new model homes at Asturia, its signature mixed-use, master-planned community in Tampa, FL. Both builders are well known for their eco-friendly and energy-efficient new homes. Both builders will construct multiple single-family product types within Asturia, which will offer homebuyers several price-point options within the community, in both conventional home styles and traditional neighborhood (TND) development.

CBRE has arranged the sale of a portfolio of five Class A office properties totaling 575,852 square feet in the Highland Oaks office park, a 1-million-square-foot suburban office park in Tampa, FL. An undisclosed buyer acquired the property for $111 million. CBRE represented the seller in the transaction.