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Other Industry News

Forestar Buys 52 Acres For Residential Development For $4.85 Million

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The Land Advisors Organization’s Orlando office team of Mike Ripley and Steve Flanagan, acting as transaction brokers, arranged the sale.
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Berkadia Arranges $86.25 Million Sale Of New Luxury Apartment Community In Suburban Orlando

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Managing Directors Brett Moss and Matt Wilcox and Associate Director Tyler Swidler of Berkadia Orlando marketed the property on behalf of the seller, Wood Partners, one of the nation’s largest multifamily real estate developers, based in Atlanta, Ga.
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CBRE Investment Management Closes $74.6 Million Mortgage Loan For Multifamily Community

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Matt Williams and Kyle Schlitt of Newmark arranged the loan on behalf of TerraCap.
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Newmark Arranges Sale, Financing For New Luxury Multifamily Community Averaging $351,000 Per Unit

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The asset totals 348,801 square feet and features a mix of studio, one-, two-, and three-bedroom units with an average unit size of 991 square feet.
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