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Other Industry News

$11M Construction Loan Secured For Self-Storage Facility In Melbourne

On July 15, Basis Industrial broke ground on the 126,741-square-foot, state-of-the-art self-storage facility featuring 955 climate-controlled units, advanced security systems, and other amenities.
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Franklin Street Announces New Regional Managing Director In Orlando

Williams will oversee and grow the firm’s several business lines in the Orlando market, including insurance, investment sales, capital advisory, leasing, project management and property management.
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Newmark Completes $80.4 Million Sale, Financing Of Clermont Multifamily Asset

Newmark Multifamily Capital Markets Vice Chairmen Scott Ramey and Patrick Dufour, Director Brad Downing and Associate Paul Grant represented the seller in the sale transaction.  
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Developers Secure $24M Construction Loan For Orlando’s Latest Condo-Hotel

The Flats Orlando will operate as a hotel with short-term stay options streamlined through an exclusive rental program led by a worldwide brand soon to be announced.
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Melbourne Apartment Community Sells In Brevard County’s Priciest Deal Of 2023

The 376-unit apartment development was purchased for $71 million.
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Lincoln Property Co. Arranges Five Leases At Church Street Market In Downtown Orlando

The new leases bring Church Street Market, which was built in 2006, to 91 percent occupancy.
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