Hurricane Helene Strikes Florida, Impacting Homeowners with Already Sky-High Insurance Rates
Soaring Insurance Costs In recent years, Florida homeowners have faced unprecedented increases in property insurance rates. From 2017 to 2022, insurance rates skyrocketed by 45%, as reported by the Florida…
Orlando Office Anticipates Further Increases in High Rental Rates
The Orlando office real estate market is exhibiting a strong recovery trajectory, marked by increasing leasing activity, growing demand, and rising rental rates. Recent analysis suggests that this trend is…
Hurricane Helene causes nearly $1 billion in damages in Florida as Milton nears
Hurricane Helene Causes Nearly $1 Billion in Damages in Florida as Milton Nears As Florida braces for the impending threats of Hurricane Milton, the aftermath of Hurricane Helene continues to…
The Agency establishes Orlando location in Winter Park
The Agency’s Expansion into Central Florida The Agency, a renowned luxury real estate brokerage, has made a noteworthy entry into the Central Florida market by inaugurating its first office in…
Partnership acquires senior living facility near Orlando, Florida
Partnership Acquires Senior Living Facility Near Orlando, Florida Acquisition Details A collaborative partnership between PGIM Real Estate, a prominent player in the real estate investment sector, and Minneapolis-based Grand Living…
Kimco Realty acquires ownership of a major Orlando mall
Kimco Realty’s Acquisition of Waterford Lakes Town Center Acquisition Details Kimco Realty, a well-known real estate investment trust (REIT), has significantly bolstered its portfolio with the acquisition of Waterford Lakes…
Kissimmee’s Large Industrial Complex Sold for $55 Million
Sale Price and Date In a noteworthy transaction that underscores the robust demand for industrial properties, the Osceola Logistics Center in Kissimmee was sold for a substantial $54.6 million. The…
Berkadia Secures Financing for BTR Acquisition in Orlando Area
Berkadia, a prominent player in the commercial real estate industry, has successfully secured financing for a build-to-rent (BTR) acquisition in the flourishing Orlando area. This transaction highlights Berkadia’s expertise in…
Kimco Realty Purchases Waterford Lakes Town Center
Acquisition Details Kimco Realty has acquired Waterford Lakes Town Center in Orlando, Florida, for a substantive $322 million. This figure includes the assumption of a $164 million mortgage. This strategic…
Long-standing Mills 50 business acquired by private equity firm
Long-standing Mills 50 Business Acquired by Private Equity Firm Sale Details The property housing the Octopus Car Wash, located at 1401 N. Mills Ave, was sold to New York-based private…