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Sprouts-Anchored Retail Center in South Tampa Trades for $18 Million
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Newport Beach, California-based investor United American Properties purchased a Sprouts Farmers Market-anchored retail center in south Tampa, Florida from locally-based Wagner Property Group for $18 million, or about $496 per square foot. The retail center, dubbed The Plaza at Estrella, was recently built in 2017 at 1523-1531 S. Dale Mabry Highway, located about three miles […]

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Gamer recalls watching his friends get shot over livestream during Madden tournament in Jacksonville: 'I was sick to my stomach'
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//delivery.vidible.tv/jsonp/pid=56c21811e4b009d9eacb4ef9/vid=5b839f51ac239b319438d9b9/5643911267b62318603bce5a.js?m.embeded=cms_video_plugin_releases.aol.com He watched in horror as a gun’s red laser dot appeared on his friend Elijah “Trueboy” Clayton’s chest during a livestream of Sunday’s pro gaming tournament in Florida. Read more…

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Multiple fatalities in shooting at video game tournament in Florida
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//delivery.vidible.tv/jsonp/pid=5668ad07e4b0f82be105f94b/vid=5b82fbd5bf488553fc826527/5643911267b62318603bce5a.js?m.embeded=cms_video_plugin_releases.aol.com Aug 26 (Reuters) – A shooter killed four people and wounded 10 others on Sunday at a video game tournament that was being streamed online from a restaurant in Jacksonville, Florida, local media said citing police sources. Read more…

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Chicago Investor Secures $53 Million in Financing for The Godfrey Hotel and Cabanas Tampa
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Chicago-based hotel investor Oxford Capital Group secured a $53 million non-recourse ramp loan for The Godfrey Hotel and Cabanas Tampa located at 7700 West Courtney Campbell Causeway in Tampa, Florida. Jordan Ray, Ari Hirt, Alex Draganiuk and Justin Hunt of Mission Capital Advisors arranged the financing for the borrower, securing a floating-rate loan with New […]

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Tulip-Shaped Tower Planned for Miami Skyline
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Rendering of the 73-story Okan Tower in Miami.Turkish billionaire Bekir Okan met with architect Robert Behar last year and asked him to design a skyline-altering development in downtown Miami. As a result of that chat, he says construction scheduling is now underway on Florida’s tallest building. Behar wanted t

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Ex-NFL Player Alleges Miami Real Estate Tycoon Pocketed His Investment
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Two South Florida attorneys filed a lawsuit on behalf of ex-NFL player Julius Jones, who loaned South Florida developer John Yanopoulos $500,000 and claims he was never fully repaid.      

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No Relo!
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The days that US workers are willing to pick up, pluck their kids out of school and leave behind friends and family to relocate for their next job opportunity are fading fast. According to an article in the Wall Street Journal earlier this week, last year about 3.5 million professionals relocated for a new job. […]

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Boom-Bust Industry
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The Boom-Bust nature of the Real Estate Industry attracted Baby Boomers, who thrived on defying risk, enticed by the challenge to build it before the cycle ends. Their children are taught at young ages how to avoid risky situations. Boom-Bust is counterintuitive to younger generations. Can we attract them into our Risky Business? BuildZoom reports, […]

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Medical, Educational and Religious Uses Fortify Southeastern Shopping Centers
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Alex Munoz, managing director with Atlanta-based retail real estate firm, The Shopping Center Group. Courtesy: The Shopping Center Group.On the eve of the International Council of Shopping Centers’ Florida conference, an expert who oversees 360 properties in the Southeast U.S. says he’s bullish on retail, thanks to the wave of non-retailers filling up shopping centers. […]

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Developer Snags $138M Construction Loan Even as Miami's Condo Market Sputters
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Rendering of the 100-unit Elysee waterfront condominium tower in Miami. A developer secured a $138 million loan to finance a 57-story waterfront condominium near downtown Miami, an impressive feat according to one analyst who says the city’s saturated condo market is well past its peak. The financing from JPMorgan Chase Bank comes with the 100-unit […]

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