Entries by DomresRealEstate

TBBJ List: More about the top 5 wealthiest ZIP codes

About the tapestry codes Tapestry Segment 9A: Silver and Gold Household: Married couples, no kids Housing: Single family, seasonal Affluent retirees who live in exclusive communities in warm climates. We worked hard, invested wisely, and now we’re experiencing the payoff. We drive luxury cars or SUVs and donate generously to charities. We contract for home […]

Downtown St. Pete apartments sold for $57.5 million

Fusion 1560, a five-story apartment complex on the fringe of downtown St. Petersburg, has been sold to a group of Chicago investors. Mesirow Financial Real Estate Value Fund paid $57.5 million for the complex at 1560 Central Ave. in a deal that closed May 7, according to a Pinellas County deed filed Wednesday. JLL represented […]

House backs business in ‘waters’ war with EPA

The Environmental Protection Agency would be required to withdraw a proposed regulation clarifying what bodies of waters are subject to the Clean Water Act under legislation passed by the House Tuesday. That’s a victory for business groups that contend the EPA’s new definition of “waters of the United States” could include ditches, mudflats and other […]

Channel district apartment tower developers tweak project

Developers who have been working on an apartment tower in the Channel district for years are tweaking the project slightly, which could signal that construction is imminent. Tampa-based Mercury Advisors has filed a substantial change request with the city that would remove two stories from the tower, add seven apartments and about 1,400 square feet […]

Exclusive: South Hillsborough mansion sales price jumps 11 percent in less than a year

The sale of a waterfront mansion in South Hillsborough County shows the high demand and rising prices that define Tampa Bay’s luxury housing market. The property at 1010 N. Dickman Island Ave. sold Friday for $2.775 million to an undisclosed buyer, said Jennifer Zales, a sales associates with Coldwell Banker Residential Real Estate. Zales represented […]

Atlanta investors double down on Clearwater with $34M apartment buy

An Atlanta investor is betting big on Clearwater’s rental market, acquiring the 276-unit Bay Meadows apartment community for $34.15 million. Radco Companies announced the acquisition Thursday. The purchase price breaks down to $123,731 per apartment. Bay Meadows is Radco’s second acquisition in Clearwater in three months. In February, Radco acquired the 228-unit City Park Clearwater […]