Florida

Gateway Jax Signs Publix to Anchor $2B Pearl Square Mixed-Use Development in Jacksonville

by John Nelson September 4, 2025

JACKSONVILLE, FLA. — Gateway Jax has signed a lease with Publix to anchor Pearl Square, a 1.5 million-square-foot mixed-use development underway in downtown Jacksonville. The new Publix will span 31,000 square feet in a building that will also include a 15-story residential tower with 250 apartment units and 400 parking spaces. Gateway Jax and Corner Lot are expected to begin construction on the grocery store in summer 2026. Matthew Clark of Colliers handles the retail leasing assignment at Pearl Square on behalf of Gateway Jax. Upon completion of Pearl Square, the $2 billion development will comprise 1,250 residential units, approximately 200,000 square feet of retailers and restaurants and a renovation of the 100-room Ambassador Hotel. The project will also include new public spaces and parks, widened and shaded sidewalks, as well as a curbless festival street with outdoor dining options. A timeline for completion has not been disclosed. Gateway Jax is a locally based real estate development firm sponsored by JWB Real Estate Capital and DLP Capital.

September 4, 2025

Development Florida Loans Multifamily Southeast

Madison Capital Arranges Equity for $84M Multifamily Development Underway in North Miami, Florida

by John Nelson September 3, 2025

NORTH MIAMI, FLA. — Madison Capital Group has arranged preferred equity financing for Urbania NoMi 125th, an $84 million luxury multifamily development in North Miami. The equity source was not released. The developers of the 12-story, 195-unit community include Continua Development and Oldtown Capital Partners. Construction is underway and the development is expected to come on line in 2026. Amenities at Urbania NoMi 125th will include a pool, fitness center, media lounge, outdoor gathering spaces and ground-level retail space.

September 3, 2025

Development Florida Southeast Student Housing Top Stories

Joint Venture Acquires Development Site in Tampa for 807-Bed Student Housing Community

by Abby Cox August 29, 2025

TAMPA, FLA. — A joint venture between Landmark Properties, Canyon Partners Real Estate LLC and Peninsula Investments has acquired a 4.3-acre site at 2700 University Square Drive in Tampa for the development of an 807-bed student housing community. Dubbed The Mark Tampa, the six-story student housing development will be situated less than a half-mile from the University of South Florida (USF) and will offer more than 270,500 square feet of residential space across 215 units. The community will also feature a mix of studio to five-bedroom floorplans. Construction on the project will begin immediately, with delivery anticipated for the 2027-2028 academic year. Kennedy Wilson provided the construction loan for the project and TSB Capital Advisors arranged financing. Landmark Construction will serve as the project’s general contractor, with Dwell Design Studios serving as architect. “The Mark’s unparallelled amenities and prime location just southwest of the USF campus and near a multitude of dining and entertainment options will make the community an attractive housing option for USF students,” says Jason Doornbos, chief development officer at Landmark Properties. Residences at The Mark Tampa will be fully furnished and will include quartz countertops, stainless steel appliances, washers and dryers, hardwood-style laminate floors, large closets and …

August 29, 2025

Florida Hospitality Loans Mixed-Use Southeast

Madison Newbond Originates $79.3M Refinancing for JW Marriott Marquis Miami Hotel

by John Nelson August 28, 2025

MIAMI — Madison Newbond, a lending platform of Madison Realty Capital and Newbond Holdings, has originated a $79.3 million loan for the refinancing of JW Marriott Marquis Miami, a 41-story hotel located at 255 Biscayne Blvd. Way in downtown Miami. Paul Stasaitis, Kevin Davis, Mark Fisher and Henry Winchester of JLL arranged the three-year, floating-rate loan. The 357-room hotel was built in 2010 by the borrowers, MetLife Investment Management and MDM Group, and is part of the four-building Met Square mixed-use complex. The hotel comprises 313 JW Marriot Marquis-branded rooms and 44 Hotel Beaux Arts-branded rooms, which are part of the Marriott’s Autograph Collection and operates as a hotel within a hotel. Amenities include an infinity pool, NBA-sized indoor basketball court, lounge, spa, fitness center, meeting space, ballroom and food-and-beverage outlets. In 2023, MetLife and MDM Group finished a $16 million renovation to upgrade the hotel’s guestrooms, public areas and amenities. The duo plans to make more upgrades beginning next year.

August 28, 2025

Acquisitions Florida Multifamily Southeast

FCP Acquires 427-Unit District West Gables Apartments in West Miami

by John Nelson August 27, 2025

WEST MIAMI, FLA. — FCP has acquired District West Gables, a 427-unit midrise apartment community located at 2001 Ludlam Road in West Miami. The seller and sales price were not disclosed. Hampton Beebe of Newmark represented the seller in the transaction. Additionally, Matt Williams, Daniel Matz and Rob Wright of Newmark arranged an undisclosed amount of acquisition financing on behalf of FCP. District West Gables was constructed in two phases in 2015 and 2017. The property offers studio, one-, two- and three-bedroom residences, as well as structured parking. Amenities include two resort-style pools, dual fitness centers, EV charging stations, a movie theater, cabana-lined sundecks and resident lounges. FCP plans to modernize common areas and amenities at District West Gables and renovate unit interiors. The Chevy Chase, Md.-based company has also tapped Greystar as property manager.

August 27, 2025

Acquisitions Affordable Housing Florida Multifamily Southeast

Franklin Street Negotiates Sale of 200-Unit Wild Pines of Naples Apartments

by John Nelson August 27, 2025

NAPLES, FLA. — Franklin Street has negotiated the sale of Wild Pines of Naples, a 200-unit apartment community located at 2580 Wild Pines Lane in Naples. The property was originally built in 1968 and expanded in 1986 and 2001. Wild Pines features market-rate apartments and income-restricted units that were developed with Low-Income Housing Tax Credits. Darron Kattan, Avery Jordan, Mark Savarese, Cary Brown and Eve Lowry of Franklin Street represented the buyer, Interface Properties, and the seller, JSB Capital, in the transaction. The sales price was not disclosed.

August 27, 2025

Acquisitions Florida Leasing Activity Retail Southeast

Ram Realty Acquires Shoppes at Jupiter in South Florida, Inks Anchor Lease With Whole Foods

by John Nelson August 26, 2025

JUPITER, FLA. — Ram Realty Advisors has acquired The Shoppes at Jupiter, a 197,000-square-foot shopping center located at the intersection of Indiantown Road and U.S. Highway 1 in Jupiter. The Palm Beach Gardens, Fla.-based investor acquired the property from Orion Real Estate Group for $52.8 million. Noah Jones and Dan Lynch of Atlantic Retail brokered the transaction. Orion previously acquired the property in 2015 for $27.8 million. Prior to closing, Ram Realty secured an anchor lease with Whole Foods Market, which will join existing tenants at The Shoppes at Jupiter including Cinépolis Luxury Cinemas, Palm Beach Sports Club Gym, Staples and Bealls.

August 26, 2025

Development Florida Multifamily Southeast

Costis-Lifsey, American Land to Develop $187M Apartment High-Rise in Tampa

by John Nelson August 25, 2025

TAMPA, FLA. — Costis-Lifsey Development LLC and American Land Ventures LLC have announced plans to develop Residences at Rocky Point, a $187 million apartment high-rise located at 2425 Rocky Point Drive in Tampa. The 21-story tower is being constructed on the waterfront site of the Rusty Pelican restaurant. Designed by Cube 3 and RSP Architects, the 252-unit apartment tower will feature units with two-level floorplans averaging 1,175 square feet in size. Amenities will include a structured parking garage, two-story lobby, a waterfront infinity pool, beachside cabanas and a rooftop area headlined by an 8,000-square-foot restaurant. The design-build team, which includes civil engineer Kimley-Horn, plans to break ground in early 2027 and wrap up construction by mid-2028.

August 25, 2025

Development Florida Multifamily Southeast

Falcone Begins Leasing 240-Unit Momentum Blanding Apartments in Jacksonville

by John Nelson August 25, 2025

JACKSONVILLE, FLA. — Falcone Group has begun leasing Momentum Blanding, a 240-unit apartment development located at 6136 Blanding Blvd. in Jacksonville’s Westside neighborhood. The $50 million property will feature a mix of one-, two- and three-bedroom apartments featuring open-concept layouts. Monthly rental rates are expected to start from the $1,300s for one-bedroom units. Amenities will include a resort-style swimming pool, clubhouse with a game room, business center, coffee bar, resident lounge, yoga studio, fitness center, playground and a pet park. Falcone Group expects initial move-ins to begin in September, with preleasing incentives including up to three months of free rent for early residents. Construction is scheduled for completion in early 2026. Falcone has tapped Rentyl Apartments & Homes to oversee leasing and property management at Momentum Blanding.

August 25, 2025

Development Florida Mixed-Use Southeast

Wyld Oaks Adds AdventHealth, Onx Homes to Development Team in Central Florida

by John Nelson August 25, 2025

APOPKA, FLA. — Wyld Oaks, a 255-acre mixed-use development underway in Central Florida, has announced new additions to its “co-creator” team. The project is located at the intersection of State Road 429/Western Beltway and West Kelly Park Road in Apopka. The company has added AdventHealth, a health system that operates 17 hospitals and freestanding emergency rooms, to the mix at Wyld Oaks. Other new additions include homebuilder Onx Homes and a retail market dubbed Wyld Provisions. “Having world-class organizations like AdventHealth, Onx Homes and Wyld Provisions join our community validates our position as Central Florida’s premier destination for forward-thinking partners who recognize the unique opportunity to be part of something transformative,” says Joseph Beninati, founder of Wyld Oaks.

August 25, 2025

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