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Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb

Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb

by Phil Hall | Jul 29, 2024 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The investment firms Argyle Real Estate Partners LLC and Sembler Investments Real Estate Partners (SIREP) announced their acquisition of two properties in the Tampa suburb of Lutz, Florida. The acquired properties are Sage at Cypress Cay, a 324-unit, core-plus...
Sales Tumble, Prices Moderate in Florida’s Housing Market

Sales Tumble, Prices Moderate in Florida’s Housing Market

by Phil Hall | Jul 23, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 23,183 closed sales of existing single-family homes last month, down 11.1% year-over-year, while existing condo-townhouse sales totaled 8,339, down 20.5% over June 2023, according to data from Florida Realtors. In the second quarter of the year, the...
Prudent Growth Partners Buys Florida Shopping Center for $8 Million

Prudent Growth Partners Buys Florida Shopping Center for $8 Million

by Phil Hall | Jul 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The private equity real estate firm Prudent Growth Partners LLC has completed its $8 million purchase of the Village Shoppes of Destin, a 28,834-square-foot multi-tenant shopping center located in Destin, Florida. Built in 2007, the property is located within a retail...
Developer Sergio Pino Dies from Suicide Amid FBI Raid on His Home

Developer Sergio Pino Dies from Suicide Amid FBI Raid on His Home

by Phil Hall | Jul 17, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

South Florida developer Sergio Pino was found dead in his home in Coral Gables from a self-inflicted gunshot wound on Tuesday morning after the FBI arrived to conduct a raid at the property. He was 67 years old. According to a WPLG report, the FBI action was...
Greystar Announces New Apartment Development in Suburban Orlando

Greystar Announces New Apartment Development in Suburban Orlando

by Phil Hall | Jul 16, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Greystar, in partnership with Wire Development, has broken ground on the multifamily complex Elan Crown Point, located within the Crown Point Village mixed-use development in Ocoee, Florida. Based approximately 15 minutes west of Orlando’s Central Business...
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