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Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast

Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast

by Phil Hall | Feb 27, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Carter Multifamily, a Carter Funds company, has paid $37.7 million to acquire a 166-unit garden-style multifamily community located in Melbourne, Florida. Located in the state’s Space Coast, southeast of Orlando, the property was formerly known as The Palm Bay...
Neal Signature Homes Opens New Florida Community

Neal Signature Homes Opens New Florida Community

by Phil Hall | Feb 25, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Southwest Florida luxury home builder Neal Signature Homes announced the grand opening of Tideline, its 29-home community in West Bradenton, Florida. According to the company, Tideline offers four luxury semi-custom home floor plans, ranging in size from 2,562 to...
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop

Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop

by Phil Hall | Feb 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s housing market began 2025 with 15,384 closed sales of single-family homes statewide, up 3.6% from the January 2024 level, according to data from Florida Realtors. The statewide total of 5,787 existing condo-townhouse sales was down 3.7% year-over-year....
Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes

Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes

by Phil Hall | Feb 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Florida legislature is now considering a bill that seeks to begin the process that could result in the elimination of the state’s property taxes. Fort Myers Beach Talk reports State Sen. Jonathan Martin (R-Fort Myers) has introduced a bill that would require the...
CAPREIT Expands into Student Housing Sector with Florida Acquisition

CAPREIT Expands into Student Housing Sector with Florida Acquisition

by Phil Hall | Feb 21, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

CAPREIT (OTCMKTS: CDPYF) (TSX: CAR.UN), a Toronto-headquartered real estate investment trust focused on multifamily assets, has ventured into the student housing sector with its acquisition of Coastal Village, a 200-home, 800-bed student housing community in south...
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