A suburban apartment community has been sold for a price that is toward the higher end of multifamily real estate in Tampa Bay. Crescent Communities, based in Charlotte, North Carolina, sold Crescent Crosstown for $58.3 million in a transaction that closed Monday, according to Hillsborough County property records. The deal breaks down to $169,476 per […]
When it comes to disbursing federal foreclosure aid to homeowners, the Sunshine State lags all others states in the nation, according to a report released Tuesday by federal regulators. Florida has $1 billion in Troubled Asset Relief Program funds, a federal relief pool funded by taxpayers. The federal government created the Hardest Hit Fund — […]
The South Florida developers pursuing a massive, mixed-use project on the Gandy waterfront have shared additional details about the project. BTI Partners, based in Fort Lauderdale, have filed plans with the city of Tampa for residential, retail and office space on the 51-acre site that’s just south of Gandy Boulevard, at Gandy and Bridge Street, […]
Plans are in the works for a prime stretch of undeveloped waterfront real estate near the intersection of Gandy and Westshore boulevards. The 51-acre site has sat dormant for nearly a decade, since plans for a condominium development crashed along with the real estate market in 2006. BTI Partners, based in Fort Lauderdale, took title […]
A leading residential real estate firm in southwest Florida has acquired Stirling Sotheby’s International Realty. Naples-based Premier Sotheby’s International Realty — led by former Oviedo Mayor Judy Green — bought the Heathrow-based Stirling Sotheby’s franchise for an undisclosed price on Oct. 1. The acquisition will bring Premier Sotheby’s another 90 agents, putting its total at […]
Land, industrial, retail, multifamily, office and investment are all sharing a similar reality. Life is good – for now. Brokers shared detailed assessments of the state of Tampa Bay’s hopping commercial real estate market in the annual Broker Update from the Tampa chapter of NAIOP. People patterns drive land demand The hottest land deals are […]
Student loans aren’t a big hurdle to homeownership, at least for those who actually graduate with at least a four-year degree, according to real estate website Zillow. The impact of hefty student loans on career and family and the pace of millennials moving into homeownership have been points of heated debate. But Zillow says high […]
“Grit” is rarely a selling point for apartments, but that’s exactly what the developer of the Warehouse Lofts was going for. Wes Burdette, who is redeveloping the former warehouse at 4513 Florida Ave. into apartments, said he wanted an industrial chic vibe — something that stands out from the luxury apartments dotting the urban core. […]
Brooke Layton can’t seem to buy enough land. The co-owner of Devonshire Custom Homes plans to close on four sites in the next four weeks — two of which already have buyers lined up. “Everything I buy, someone seems to want,” Layton said, “and you can’t get customers unless you have the land.” Demand for […]
Title, company: Executive director, Rebuilding Together Tampa Bay Education: B.S.Ed. in Special Education, Universidad Central de Venezuela, Caracas, Venezuela Named director RTTB: 2007 Arrived in Tampa Bay: 2002 Family interests: History from the discovery of the Americas to medieval First paid job: Special education teacher Why Jose is a big deal: RTTB’s mission is to […]