Florida

JLL Arranges $386M Construction Loan for InterContinental Orlando Hotel Project

by John Nelson November 11, 2026

ORLANDO, FLA. — JLL has arranged a $386 million construction loan for the development of InterContinental Orlando, a 700-room hotel located at 8001 International Drive in Orlando. Set to open in 2029, the 12-story hotel will span more than 900,000 square feet and be situated near Universal Epic Universe, Universal Orlando Resort, Walt Disney World Resort and the Orange County Convention Center. Kevin Davis, Mark Fisher, Jillian Mariutti, Wyatt Krapf, Henry Winchester and Martha Duff of JLL arranged the four-year, floating-rate loan through Civitas on behalf of the borrowers, Flag Luxury Group and Unicorp National Developments Inc. The loan features two one-year extension options. InterContinental Orlando will operate under the InterContinental Hotels & Resorts brand and include 105,000 square feet of meeting and pre-function space, multiple food-and-beverage venues, a conservatory, spa and wellness facilities, fitness center, lounge, pool and structured parking.

November 11, 2026

Development Florida Industrial Southeast

Creation, PCCP Begin Construction on 330,000 SF Industrial Park in East Tampa

by John Nelson November 10, 2026

TAMPA, FLA. — A joint venture between Creation and PCCP has begun construction on 301 Exchange, a three-building, 330,000-square-foot industrial park located on Tampa’s east side. The 51-acre park will be situated at the intersection of U.S. Highway 301 and East Sligh Avenue, roughly two miles from I-4. 301 Exchange will comprise three rear-load buildings featuring 32-foot clear heights. The project team, including design-build firm LGE Design Build, plans to deliver the park by the end of 2027. The project represents the first development in Florida for Creation.

November 10, 2026

Development Florida Industrial Loans Southeast

Hernandez Development, PTM Partners Receive $17.3M Construction Loan for Industrial Project in West Palm Beach

by Abby Cox November 6, 2026

WEST PALM BEACH, FLA. — Hernandez Development & Construction and PTM Partners have received a $17.3 million construction loan for the development of Palm Beach Commerce Center, a planned 93,556-square-foot industrial building in West Palm Beach. Pinnacle Financial Partners provided financing for the project on behalf of the borrowers. The joint venture purchased the 8.1-acre site for $11.5 million in April 2026, and site work began in October. Completion of the development is expected for the third quarter of 2027. The dock-high, tilt-up building will feature 84,200 square feet of warehouse space and 9,356 square feet of office space, with 32-foot clear heights and 54-foot column spacing. The project team includes Hernandez Construction (general contractor), Hernandez Development Services (developer) and CBRE (leasing).

November 6, 2026

Company News Development Florida Loans Southeast

Trez Capital, Starwood Capital Partner for Residential Land, Development Financing Venture

by John Nelson November 5, 2026

VANCOUVER AND MIAMI — Trez Capital and Starwood Capital Group have entered into a strategic partnership that will focus on origination of residential land acquisition and development loans for single-family communities across the United States. The partnership will expand Trez Capital’s lending capacity, further scaling its established residential land development financing platform. For Starwood Capital, the new venture will give the company the opportunity to finance land acquisition and development, complementing its long-standing track record in residential land investments. “Trez Capital has a strong track record in U.S. residential land lending, and we look forward to leveraging our collective strengths through this relationship,” says Anthony Murphy, managing director at Starwood Capital. The partnership is expected to be seeded with a $450 million portfolio of residential land acquisition and development loans originated by Trez Capital. The venture will target more than $1 billion in annual originations. “Starwood’s decision to partner with Trez Capital reflects the strength of our team, our origination capabilities and our expertise in this sector,” says John Maragliano, co-CEO and CFO of Trez Capital. “This will deliver additional institutional depth and enhanced financing capabilities, while supporting stronger returns and liquidity for our investors.”

November 5, 2026

Acquisitions Florida Healthcare Office Southeast

City of Coral Gables Acquires Downtown Medical Office Building from ShareMD for $24M

by John Nelson November 3, 2026

CORAL GABLES, FLA. — The City of Coral Gables has purchased a medical office building located at 475–495 Biltmore Way in the city’s downtown district for $24 million. ShareMD sold the 53,029-square-foot property, which shares a city block with Coral Gables City Hall and the City’s Planning and Zoning Department. The City of Coral Gables, which now controls the entire block, has retained ShareMD’s property management affiliate, Medicus Asset Management LLC, to continue managing the building for an initial one-year term. Blanca Commercial Real Estate was the leasing agent for the property. In addition to the sale, ShareMD has announced it is rebranding to Parallel Medical Properties effective immediately. The firm owns and operates a 500,000-square-foot portfolio of medical office buildings in Florida and California.

November 3, 2026

Acquisitions Florida Retail Southeast

Colliers Negotiates $14M Sale of Shopping Center in Gulf Breeze, Florida

by John Nelson November 3, 2026

GULF BREEZE, FLA. — Colliers has negotiated the $14 million sale of Live Oak Village, a 107,065-square-foot shopping center located at 1151 Gulf Breeze Parkway in Gulf Breeze, a beach town in Florida’s Panhandle. Brad Peterson and Whitaker Leonhardt of Colliers represented the seller, Exposition Properties, in the transaction. Chris Dozier of Kuebel Realty Co. represented the buyer, Dorsey Development. United Community Bank provided an acquisition loan for the New Orleans-based buyer. Live Oak Village is anchored by a dual-branded Bealls and Home Centric. Bealls has operated at the center for 28 years, and Home Centric joined the tenant roster in 2022. Other tenants include Highpoint Church, YMCA and Dollar General.

November 3, 2026

Acquisitions Florida Hospitality Southeast

Gencom, White Bridge Capital Purchase 652-Room InterContinental Miami Hotel

by John Nelson November 2, 2026

MIAMI — A partnership between Gencom and locally based White Bridge Capital has purchased the InterContinental Miami, a 652-room hotel located at 100 Chopin Plaza in downtown Miami. Strategic Hotels & Resorts sold the hotel. The sales price was not disclosed, but Bloomberg reports it traded for approximately $300 million. The 34-story hotel overlooks the confluence of the Miami River and Biscayne Bay and was recently renovated. The property features 22 suites that range in size from 850 to 2,800 square feet, as well as 90,000 square feet of indoor-outdoor meeting space. Other amenities include a rooftop pool with private cabanas, full-service spa, fitness center, business center, the Club InterContinental Lounge and onsite retail space. InterContinental Miami also houses restaurants including Toro Toro, Bluewater, Starbucks Coffee and Freddy’s Speakeasy.

November 2, 2026

Acquisitions Florida Restaurant Southeast

SRS Negotiates $8.9M Ground Lease Sale of Miami Restaurant Leased to Chick-fil-A

by Abby Cox October 29, 2026

MIAMI — SRS Real Estate Partners has negotiated the $8.9 million ground lease sale of a restaurant property located at 18240 S. Dixie Highway in Miami. Chick-fil-A occupies the 5,399-square-foot property, which was built in 2024, on an absolute triple-net, corporate-guaranteed lease with 13 years remaining on the initial term. Patrick Nutt and William Wamble of SRS represented the seller, a joint venture between Coconut Grove, Fla.-based Berkowitz Development Group and Landsea Development Group, in the transaction. The New York-based buyer requested anonymity.

October 29, 2026

Alabama Florida Industrial Loans Maryland North Carolina Southeast Texas Top Stories

Adler Real Estate Partners Receives $212.8M Refinancing for Sun Belt Industrial Portfolio

by Hayden Spiess October 29, 2026

MIAMI — Adler Real Estate Partners has received a $212.8 million loan for the refinancing of an eight-property industrial portfolio spanning several states in the Southeast and Texas. Together, the properties total 43 buildings and roughly 1.6 million square feet in Alabama, Florida, Maryland, North Carolina and Texas, located in markets including Austin, Dallas-Fort Worth, South Florida, Charlotte, Birmingham and the Baltimore-Washington corridor. The collection includes multi-tenant business parks and light industrial assets. At the time of financing, the properties were leased to more than 115 tenants within 22 industries, including the medical and pharmaceutical, building services, manufacturing, technology, professional services, healthcare and logistics industries. The average tenant tenure across the portfolio is 10.5 years. Melissa Rose, Michael DiCosimo, Jack Britton, Kate Rathman, Nicole Diaz and Magnus Kron of JLL Capital Markets secured the financing on behalf of the borrower. An undisclosed life insurance company provided the loan. Based in Miami, Adler Real Estate Partners specializes in acquiring and operating multi-tenant light industrial properties throughout the United States. This transaction marks the second major recapitalization for the company this year. In July, Adler secured a $343 million refinancing for a portfolio of light industrial assets, including $140 million in equity and …

October 29, 2026

Acquisitions Florida Hospitality Southeast

Hunter Advisors Negotiates Sale of Two-Hotel Portfolio in South Florida

by John Nelson October 28, 2026

BOYNTON BEACH AND WEST PALM BEACH, FLA. — Atlanta-based Hunter Advisors has negotiated the portfolio sale of two hotels in South Florida’s Palm Beach County. The hotels in the 275-room portfolio include the Hampton Inn & Suites Boynton Beach and the Hampton Inn West Palm Beach Florida Turnpike. Brasswater acquired the hotels from an institutional seller. The sales price was not disclosed. Robert Taylor and Sophia Pittaluga of Hunter Advisors brokered the transaction. Hampton Inn & Suites Boynton Beach was built in 1997 and features 134 suites, an outdoor pool, 24-hour fitness center, business center and approximately 1,160 square feet of meeting space across two rooms. Hampton Inn West Palm Beach Florida Turnpike was built in 2001 and features an outdoor pool, 24-hour fitness center, business center and 624 square feet of meeting space.

October 28, 2026

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