Florida

CBRE Arranges $162M Acquisition Loan for Multifamily Portfolio in Gainesville, Florida

by Abby Cox January 12, 2026

GAINESVILLE, FLA. — CBRE has arranged a $162 million acquisition loan for a six-property multifamily portfolio totaling 1,432 units in Gainesville on behalf of Westlight Capital. Jubeen Vaghefi and Denny St. Romain of CBRE represented the undisclosed seller in the transaction and secured the financing. The multifamily properties named in the portfolio, which are located near major employment drivers, universities and key regional infrastructure, include Hunters Crossing, Huntington Lakes, Lake Crossing, Spyglass, Lakewood Villas and Woodland Villas.

January 12, 2026

Development Florida Industrial Southeast

PCCP, Venture One to Develop 748,000 SF Industrial Park in Orlando

by Abby Cox January 9, 2026

ORLANDO, FLA. — A joint venture between PCCP and Venture One Real Estate will develop Venture Park II and III, a two-building industrial park located at 7895 Monument Parkway in Orlando. Construction on the 748,000-square-foot project will begin immediately, with completion anticipated for spring 2027. David Murphy, Monica Wonus and Gabby Gissy of CBRE will handle leasing efforts for the property. Spanning approximately 60 acres, the development will include a 340,000-square-foot rear-load facility and a 408,000-square-foot cross-dock facility. Both buildings will feature 40-foot clear heights and will be able to accommodate several tenants.

January 9, 2026

Development Florida Hospitality Loans Mixed-Use Multifamily Office Southeast

Bayview PACE Provides $200M C-PACE Financing for Mixed-Use Tower in Downtown Miami

by John Nelson January 8, 2026

MIAMI — Bayview PACE, a division of Bayview Commercial Mortgage Finance, has provided $200 million in C-PACE financing for Okan Tower, a 72-story mixed-use tower underway at 555. N. Miami Ave. in downtown Miami. The borrower, Okan Group, and its construction affiliate Okan Construction recently reached the 40th floor of the tower’s build-out. The tower will rise 903 feet upon completion in 2028, making it the second tallest building in Florida. The C-PACE financing completes the capital stack for the new skyscraper, according to Bayview PACE. Other capital sources were not released. Designed by Behar Font & Partners, Okan Tower will feature four levels of offices totaling 56,000 square feet; an onsite parking garage totaling 429 spaces; a five-star, Hilton-branded hotel totaling 316 rooms; 236 condo-hotel units managed by Hilton; and Sky Residences, 163 for-sale condominiums that will occupy the tower’s uppermost floors.

January 8, 2026

Development Florida Loans Multifamily Southeast

Berkadia Secures $84M Construction Bridge Loan for Fort Lauderdale Apartment Development

by John Nelson January 7, 2026

FORT LAUDERDALE, FLA. — Berkadia has secured an $84 million construction bridge loan for the completion of Astor Park Flagler Village, a 252-unit luxury apartment community located at 333 N.E. 6th St. in Fort Lauderdale. Mitch Sinberg, Scott Wadler, Matt Robbins, Brad Williamson and Patrick Johnson of Berkadia arranged the loan through BridgeInvest on behalf of the developer, Midtown Capital Partners. The borrower will use the floating-rate loan to refinance the property’s existing construction financing and fund remaining completion costs for Astor Park Flagler Village, which topped out in October and is expected to deliver this summer. The 12-story development will offer floorplans ranging in size from 594-square-foot studios to 1,735-square-foot penthouses. Amenities will include a resort-style rooftop pool, bar and resident lounge, dog park, coworking space, 2,389 square feet of retail space on the ground level and a structured parking podium with 318 garage parking spaces.

January 7, 2026

Florida Loans Multifamily Southeast

Dwight Capital Provides $67M HUD-Insured Loan for Emerald Bay Apartments in Hialeah, Florida

by John Nelson January 7, 2026

HIALEAH, FLA. — Dwight Capital has provided a $67 million HUD 223(f) loan for Emerald Bay, a 311-unit apartment community located in Hialeah, a suburb of Miami. The loan proceeds were used to retire existing debt, cover closing costs, fund a replacement reserve for future capital improvements and unlock equity built up through construction and lease-up. Elliot Haft and Jack Tawil of Dwight Capital arranged the loan on behalf of the borrower, JVC Management. Completed in 2023, Emerald Bay spans seven residential buildings and comprises one-, two- and three-bedroom floorplans that range in size from 766 to 1,537 square feet, according to Apartments.com. Amenities at the complex include a swimming pool, fitness center, coworking space, clubhouse/leasing office, playground, dog park, outdoor common areas, courtyards and walking trails.

January 7, 2026

Acquisitions Florida Retail Southeast

United Capital Acquires Ives Plaza Shopping Center in Metro Miami for $12M

by Abby Cox January 6, 2026

MIAMI GARDENS, FLA. — United Capital has acquired Ives Plaza, a 56,841-square-foot shopping center located in Miami Gardens, approximately 16 miles north of downtown Miami. An entity doing business as R&E Trust Partnership LLP sold the center for $12 million. David Smith of LG Capital Partners, along with Adam Lipkin of United Capital, served as financial advisors on behalf of United Capital. This transaction marks the first time the property has been sold. Developed in 1955 on nearly 6.5 acres, Ives Plaza was 66 percent leased at the time of sale to 15 tenants including Pizza Hut and Rent-A-Center.

January 6, 2026

Company News Data Centers Florida Southeast

SoftBank Agrees to Acquire DigitalBridge in $4B Deal

by John Nelson January 5, 2026

TOKYO AND BOCA RATON, FLA. — SoftBank Group Corp. has agreed to acquire DigitalBridge, a global asset manager based in Boca Raton that invests in data centers, cell towers and fiber networks. The Tokyo-based investment firm is looking to grow its AI and digital infrastructure platforms and capabilities with this acquisition. SoftBank has agreed to indirectly acquire all outstanding shares of DigitalBridge (NYSE: DBRG) for $16 per share, giving the acquisition a total enterprise value of approximately $4 billion. The acquisition price is a 50 percent premium to the unaffected 52-week average closing price as of Dec. 4, 2025. Upon completion of the transaction, which is expected for the second half of the year, DigitalBridge will continue to operate as a separately managed platform led by Marc Ganzi. The board of directors at DigitalBridge has unanimously approved the transaction.

January 5, 2026

Acquisitions Florida Multifamily Southeast

CBRE Brokers Sale of 400-Unit Pier 5350 Apartments in Jacksonville

by John Nelson January 5, 2026

JACKSONVILLE, FLA. — CBRE has brokered the sale of Pier 5350, a 400-unit apartment community located at 5350 Arlington Expressway in Jacksonville. The waterfront property sits on 22 acres directly across the St. Johns River from downtown Jacksonville. Locally based GMC Properties purchased the community from Atlas Real Estate Partners for an undisclosed price. John Rutherford and Luke McCann of CBRE represented both parties in the transaction. Pier 5350 comprises studio, one-, two- and three-bedroom apartments within 46 residential buildings. The property has recently undergone a $14 million capital improvement plan, with updates made to unit interiors, the pool, waterfront clubhouse, fitness center, picnic areas and the community’s private fishing dock.

January 5, 2026

Acquisitions Florida Retail Southeast

Terra Arranges $74M Sale of Doral Square Lifestyle Shopping Center in South Florida

by Abby Cox December 22, 2025

DORAL, FLA. — Terra has arranged the $74 million sale of Doral Square, a 150,000-square-foot lifestyle shopping center in Doral, a western suburb of Miami. North Miami-based IMC Equity Group was the buyer. Mark Gilbert of Cushman & Wakefield brokered the transaction. Ocean Bank provided a $36 million acquisition loan to the buyer. Situated at the gateway to downtown Doral, the property is anchored by Marshalls, Ross Dress for Less and UFC Gym. Additional tenants include HomeGoods, Pet Supermarket, One Medical, Laser Away, AT&T, Paradise Grills, European Wax Center, First Watch, Jersey Mike’s, Just Salad, Panda Express, Nacion Sushi, Lima Bakery, Miu’s Tea and El Toro Loco.

December 22, 2025

Development Florida Leasing Activity Multifamily Southeast

BendinRoad Development, Landings Begin Leasing 104-Unit Apartment Community in Downtown Tampa

by Abby Cox December 22, 2025

TAMPA, FLA. — Locally based BendinRoad Development, in partnership with Landings Real Estate Group, has begun leasing at The Residences at 801 East Whiting Street, a new 104-unit rental community located near the $3 billion Water Street Tampa neighborhood. Nicholas & Associates served as general contractor for the development. The Residences at 801 East Whiting Street offers 51 long-term rentals for 42 studio apartments and nine one-bedroom apartments, along with 53 fully furnished apartments designated for short-term rentals that are situated on the second through fifth floors. Apartment units range in size from 388 to 542 square feet. Amenities at the complex include a fitness center; spa, pool and outdoor kitchen with a grilling area; lobby lounge with a kitchenette; bike and scooter storage; coworking space with two private offices and a common work area; and a secure package room.

December 22, 2025

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