Category: commercial real estate
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PennyMac Multifamily Rates
As a top national mortgage lender, PennyMac is committed to providing its customers with a range of innovative mortgage solutions. Whether they’re new to the home loan process or experienced buyers specifically seeking a competitive conventional, FHA, VA or Jumbo loan, PennyMac is dedicated…
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Redevelopment of Colony property OK’d by Longboat Key commissioners
Photos taken by Sean Dreznin By Chris Wille Real Estate Editor via Herald Tribune.com St. Regis Hotels and Residences planned for abandoned 17.6-acre site Longboat Key residents and visitors are one step closer to welcoming a new development to replace…
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900-unit Apartment Complex (Carlton Arms) sells in Manatee County
BY MIKE GARBETT via Bradenton Herald March 15, 2018 12:24 PM Multi-family rental complexes have been a hot commodity in Manatee County during the past year, with the latest transaction attracting a price of more than $100 million. Carlton Arms…
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Major CRE Investor Set to Exit Hot Southeast Multifamily Market
Decision by AVR Realty to Sell 13-Property Multifamily Portfolio Driven by Investor Demand, Not Weakness in Market, Say Execs Via Costar by JOHN DOHERTY AVR Realty’s latest apartment offering is a massive portfolio including the SkyHouse Channelside in Tampa. A big…
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Ashford Prime Enters Sales Agreement for Ritz-Carlton Sarasota for $171 million
Via Co-Star By ROHAN NABAR Ashford Hospitality Prime Inc., based out of Dallas, has entered into an agreement to acquire the Ritz-Carlton Sarasota hotel at 1111 Ritz Carlton Dr. in Sarasota, FL. The estimated purchase price of $171 million would result…
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Six Takeaways from the NMHC Apartment Strategies Outlook Conference
The optimism at the conference was somewhat tempered by the prospects of increasing supply, rising interest rates and an eventual downturn in the not-too-distant future. Mary Diduch | Jan 17, 2018 via National Real Estate Investor For the multifamily sector,…
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Michaelson Group Pays $8.2M for Coachman Club Apts in Clearwater, FL
KRI Properties Sells 68,000-SF Multifamily Community Michaelson Group LLC purchased the 72-unit Coachman Club multifamily complex in Clearwater, FL from a joint venture of KRI Properties Inc. and an individual investor for $8.2 million, or approximately $114,000 per unit. The…
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8 predictions for 2018 that could impact your market
Technology will continue to revolutionize the real estate transaction BY CARA AMEER via Inman Key Takeaways Low inventory will continue to create stress in many markets. Tax reform may redefine where people live and invest in real estate. Natural disasters will become…
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Art Ovation Hotel Looks to Live Up to the Name
Via SRQ Magazine Online – BY PHILIP LEDERER SRQ DAILY FRESHLY SQUEEZED CONTENT EVERY MORNING WEDNESDAY DEC 20, 2017 It’s not every day that the arts community gets excited for a new hotel in town, but the Art Ovation Hotel may…
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Xceligent Shuts Down Operations, Files for Ch. 7 Liquidation
Via Costar DECEMBER 14, 2017|TIM TRAINOR London-based Owner Pulls Plug After New Management Team Completes Strategic Review of Business The board of real estate information provider Xceligent today announced it decided to dissolve the company and file for Ch. 7 liquidation under…
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