Miami’s Related Group buys aging Bayshore apartments for likely redevelopment
The Miami developer has been open about its desire to build waterfront condos in Tampa and St. Petersburg.Original Article
Risky borrowing is making a comeback, but banks are on the sideline
It's called shadow banking, and it is a key source of the credit that drives the U.S. economy. In certain areas — including mortgages, auto lending and some business loans — shadow banks have eclipsed traditional banks, which have spent much of the last decade pulling back on lending in the face of stricter regulatory standards aimed at keeping them out of trouble. But new problems arise when the industry depends on lenders that compete aggressively, operate with less of a cushion against losses and have fewer regulations to keep them from taking on too much risk.Original Article
These are the most and least expensive Tampa Bay neighborhoods for renters
As Tampa Bay becomes an evermore desirable place to live, one might wonder where the most desirable places in the city are for rental. Wonder no more, with this list of the priciest and cheapest rental markets in the Bay area, courtesy of Apartments.com. At the top of the list is Harbour Island, with an average rent of $2,253. Uptown Tampa and downtown St. Petersburg complete the trio of priciest places, with average rents of $2,023 and $1,982, respectively. Here are the rest of Tampa Bay’s…Original Article
Here’s how much home $300K will buy you in Florida and beyond
If you're looking to buy a house with a $300,000 budget, you may want to look outside of Florida if you hope to get a larger home. You'll get the most bang for your buck in Mississippi, and your worst bet is Washington, D.C., according to GOBankingRates. Click through the slideshow above for a look at where you can get the most bang for your buck when buying a home. Using data from Zillow, GOBankingRates analyzed the median list price of homes across the nation to determine how much home…Original Article
$370 million portfolio sale includes I-4 corridor apartments
The portfolio includes 11 properties and more than 2,600 apartments.Original Article
Historic Davis Islands estate sold for $3.9 million
A historic estate on Davis Islands has been sold for $3.9 million in an off-market transaction.Original Article
Seminole Heights developer: ‘As bullish as I was, we’re ahead of where I thought we’d be’
One developer is leasing up his second multifamily building in Seminole Heights, and has to admit he’s surprised by how far the neighborhood has come.Original Article
34-story luxury condo tower proposed in downtown Tampa (Renderings)
The developers of a new condo tower on Bayshore Boulevard plan to pursue a similar project in downtown Tampa. Ascentia Development Group and Batson-Cook Development Co. said Thursday that they plan to build the 34-story luxury condo tower Arris Tampa on what's currently a vacant lot at the corner of Ashley Drive and Twiggs Street. Sarasota-based Ascentia and Batson-Cook, based in Atlanta, are also the developers of Virage Bayshore, which is under construction on the former Colonnade Restaurant…Original Article
Hockey legend Steve Yzerman’s Tampa condo listed for sale (Photos)
Former Tampa Bay Lightning general manager Steve Yzerman is selling off his Bayshore Boulevard condo. The 3,316-square-foot condo in The Bellamy is listed for sale at $1.695 million or $511 per square foot. Yzerman paid $1.395 million for the condo in 2016, shortly before listing his Davis Islands home for sale. Jennifer Zales with Coldwell Banker Residential Real Estate in Tampa is the listing agent on the condo. Zales represented Yzerman when he sold the Davis Islands property in 2017. (The…Original Article
Atlanta developer moving forward with third apartment project in North Hyde Park (Rendering)
This building will include a corner convenience store, the developer said.Original Article