Channel district apartment tower lands $76.8 million loan
The tower was part of a building boom in the Channel district in the early 2020s that saw 1,500 apartments proposed in the urban neighborhood.Original Article
Property tax assessments are surging — but some owners are getting hit even harder
Property taxes are under the microscope as office real estate values have deteriorated while home values have risen dramatically. But some owners are feeling even more pain.Original Article
South of Gandy apartments sell for $64 million
A garden-style apartment complex in the South of Gandy area has a new owner.Original Article
Riverview homebuilder Homes by WestBay launches multifamily, built-to-rent division
The rental initiative dovetails with the builder's foray into developing master-planned communities.Original Article
Podcast: Engel & Völkers’ Corey Hasting on Florida real estate and building a brand
In this conversation, Jacksonville Business Journal Editor-in-Chief Tim Gibbons invites the Engel & Volkers First Coast CEO to share how and why his brokerage is the market leader.Original Article
Hillsborough property values increase at lowest rate in decade
A preliminary review of sales data from the Hillsborough County Property Appraiser shows a "notable slowdown" in the real estate market.Original Article
Hearing set on Citizens rate hike
Insurance regulators will hold a hearing in August about a proposal by the state’s Citizens Property Insurance Corp.Original Article
St. Pete, Clearwater apartments sell for eight figures
One of the sales is one of St. Petersburg's largest apartment properties.Original Article
The National Observer: Balance of power shifts in job market
In this week's edition of The National Observer, we explore the shifting dynamics of the job market, the acquisition of an iconic Texas-based restaurant chain, commercial real estate fallout from Red Lobster's bankruptcy and why sentiments are turning sour for homebuilders.Original Article
Foreign investment in US homes declines, but some markets are still hot
International buyers bought fewer U.S. homes in the past year but are paying more for residential real estate domestically than ever before.Original Article