News

  • South Florida investment firm pays $2.5M for value add retail center near UCF

    South Florida investment firm pays $2.5M for value add retail center near UCF

    A South Florida-based investment company just scooped up the Lake Calvert Square retail center near the S.R. 408 and Colonial Drive interchange for $2.5 million. Built in 2006, the Lake Calvert Square retail center at 12100 E. Colonial Dr. features roughly 10,000 square feet of retail space — meaning...

  • Osceola's El Maximo Ranch deal helps Lakeland broker win national sales award

    Osceola's El Maximo Ranch deal helps Lakeland broker win national sales award

    A man with a love of Florida land has sold more than anyone else in the country. Dean Saunders, founder and broker of Polk County’s Coldwell Banker Commercial Saunders Real Estate won the Realtors Land Institute (RLI) APEX 2018 Top National Producer Award. That means he was the highest-producing...

  • Classical charter school coming to St. Cloud, scoping out more locations

    Classical charter school coming to St. Cloud, scoping out more locations

    A charter school company that focuses on classical education, discipline and rigorous academic standards will open its first K-12 campus in St. Cloud's Narcoossee corridor and is scoping out more locations in Central Florida for future campuses. The American Classical Charter Academy received its...

  • People to Know: Jo Thacker, Nelson Mullins Broad and Cassel

    People to Know: Jo Thacker, Nelson Mullins Broad and Cassel

    It’s unlikely Jo Thacker ever imagined she’d be the “Big Boss” of Kissimmee’s legendary Silver Spurs Rodeo back when she was slinging sno-cones at its concession stand, but even then, it wasn’t impossible to envision. Thacker is sixth-generation in Osceola County. Her grandparents were among the...

  • Hanover Land sells Minneola subdivision to Beazer Homes for $7.5M

    Hanover Land sells Minneola subdivision to Beazer Homes for $7.5M

    A unit of Sun Terra Communities has acquired 126 acres in the Hills of Minneola development in a land-banking transaction on behalf of Beazer Homes USA. Documents filed with Lake County show that Jen FL 33 LLC, one of Sun Terra’s New York-based private equity partners, paid $7.5 million for the...

  • Tennessee developer under contract for multifamily site in Horizon West Village H

    Tennessee developer under contract for multifamily site in Horizon West Village H

    Tennessee-based multifamily developer and builder TDK Construction Company has a prominent site in Horizon West under contract for its second Class A apartment complex in Central Florida. The property lies on the southeast corner of Avalon Road and Flamingo Crossings Boulevard, where the company...

  • Senior affordable housing project breaking ground Wednesday in Sanford

    Senior affordable housing project breaking ground Wednesday in Sanford

    Nearly six years ago, bulldozers demolished the old Redding Gardens public housing project several years after the last low-income residents had been given vouchers to move elsewhere. The 4.73-acre site at 400 Locust Avenue sat vacant since then, but that will start to change Wednesday when work...

  • Lennar adding two new communities in Clermont and Groveland

    Lennar adding two new communities in Clermont and Groveland

    Lennar Homes is joining a crowded list of builders entering Clermont’s  Sawgrass Bay development, with plans for 175 homes in Phase 4 of the project west of U.S. Highway 27. Lennar paid $8.7 million for 94 acres northeast of existing homes, according to a warranty deed filed last month with Lake...

  • JLL to pay $2B for HFF, Inc., greatly expanding debt advisory capabilities

    JLL to pay $2B for HFF, Inc., greatly expanding debt advisory capabilities

    Chicago-based Jones Lang LaSalle Inc. is acquiring HFF Inc. for approximately $2 billion in cash and stocks. The deal is said to boost JLL’s U.S. capital markets presence and expand its debt advisory business in Europe and Asia Pacific. The transaction has been unanimously approved by the boards...

  • Unicorp sells marquee Winter Park retail centers for $63.5M

    Unicorp sells marquee Winter Park retail centers for $63.5M

    Unicorp National Developments has sold one of its marquee retail properties to help finance future construction at its billion-dollar O-Town West mixed-use project.  CEO Chuck Whittal on Wednesday confirmed the company has sold the two Winter Park retail assets -- Lakeside and Lakeside Crossing...

More GrowthSpotter News

  • Liberty Property Trust building new spec warehouse in Liberty Park at AIPO

    Liberty Property Trust building new spec warehouse in Liberty Park at AIPO

    Yet another speculative warehouse is underway at the 1,350-acre Liberty Park at AIPO. Liberty Property Trust and development partner Airport International Park of Orlando (AIPO) are seeking to build a 266,055-square-foot distribution center along Florida Crown Drive, according to an application...

  • Timeshare expansion at Wyndham's Worldmark I-Drive resort underway

    Timeshare expansion at Wyndham's Worldmark I-Drive resort underway

    Wydham Destinations breaks ground today on a multi-million dollar expansion and renovation of its Kingstown Reef Resort on Orlando's International Drive scheduled to open in late 2020. The two 4-story buildings will comprise 87 new timeshare units, more than doubling the size of the existing Florida...

  • Beulah Commerce Center in Winter Garden reaches 100% occupancy

    Beulah Commerce Center in Winter Garden reaches 100% occupancy

    The recently completed Beulah Commerce Center in Winter Garden just signed on four new tenants, bringing the 96,000-square-foot development to 100 percent occupancy. Inking the largest lease was the Sherwin-Williams Company, which will take up a 10,800-square-foot space in the development. The...

  • ComTerra plans EVEN and Staybridge Suites hotel along Universal Blvd.

    ComTerra plans EVEN and Staybridge Suites hotel along Universal Blvd.

    Estero-based ComTerra Development Group is progressing on its 20-acre Destination Shoppes at Universal mixed-use project with the introduction of a dual-branded EVEN and Staybridge Suites hotel.  According to a Development Plan application filed with Orange County on Tuesday, the developer wants...

  • YMCA picks GC for family center in The Packing District

    YMCA picks GC for family center in The Packing District

    The YMCA of Central Florida on Monday announced it had selected Brasfield & Gorrie as general contractor for the new 27,000-square-foot family center in The Packing District. The firm joins a development team composed of engineers, GAI Consultants; architects, RLF; and owner representative Foundry...

  • Winter Park developer eyes 46 acres in east Orange County for new mixed-use project

    Winter Park developer eyes 46 acres in east Orange County for new mixed-use project

    A Winter Park developer has filed plans for a nearly 50-acre mixed-use project in east Orange County with a blend of multifamily and industrial components. The project, dubbed Innovation Pointe, is being proposed by Dustin Lucas of JEL Land Development. Last week, Lucas filed a Technical Review...

  • PGA caddie opts for lakefront living instead of golf course view

    PGA caddie opts for lakefront living instead of golf course view

    A PGA tour caddie is choosing a lakefront view instead of one on a golf course. David and Samantha Clark recently bought a home on a rare large lakefront lot in St. Cloud's Narcoossee corridor. The home is on Carson Street and sits on five acres in the private Lake Hendon Reserve Community just...

  • Energy company looking at Osceola citrus grove for 3,000-acre solar farm

    Energy company looking at Osceola citrus grove for 3,000-acre solar farm

    A global leader in sustainable energy production is eyeing more than 3,000 acres of citrus groves south of St. Cloud for a massive new solar farm. Chicago-based Invenergy has requested a pre-application meeting with Osceola County's planning staff to discuss the potential 74.5 megawatt solar facility....

  • Venetian Isle mixed-use medical campus in Leesburg expands

    Venetian Isle mixed-use medical campus in Leesburg expands

    The development team behind a 50-acre medical mixed-use campus next to Leesburg Regional Medical Center has just added another 4.2 acres to expand across Dixie Avenue. Tony Benge, with Benge Development, told GrowthSpotter the partners paid $725,000 to the Lake County School District for the former...

  • Three development firms launch bids to buy land near Ocoee-Winter Garden border

    Three development firms launch bids to buy land near Ocoee-Winter Garden border

    Ocoee city-owned land, formerly owned by the Coca-Cola Company, has received at least three unsolicited bids for development. Companies tossing their hats in the ring include, Summit XV Holdings LLC, which is an entity led by Robert Holston of Holston Properties & Development; The Keewin Real Property...

  • Warehouse leased to affiliate of Tokyo-based Bridgestone Corp. sells for $2.85M

    Warehouse leased to affiliate of Tokyo-based Bridgestone Corp. sells for $2.85M

    Property investor Robert Cascio just paid $2.85 million for a warehouse west of Orlando International Airport as part of a sale-leaseback deal. An entity led by J. Palmer Clarkson, president and CEO of Bridgestone HosePower, a subsidiary of Tokyo-based Bridgestone Corporation, sold the 32,512-square-foot,...

  • Cassidy Homes adding more residential lots in Davenport and Haines City

    Cassidy Homes adding more residential lots in Davenport and Haines City

    Fast-growing Cassidy Organization is expanding its land portfolio in eastern Polk County with several new residential subdivisions in the pipeline. The Winter Haven-based developer scored permits and city approval this month to establish a community development district for a 367-lot subdivision...

  • Investor sees value-add opportunity in Haines City apartments

    Investor sees value-add opportunity in Haines City apartments

    A Colorado-based hedge fund paid $2 million last week for a small apartment complex in Haines City with value-add potential. Eastwood Apartments, a 42-unit affordable apartment property, is at the corner of Hinson Road and 22 Street, just north of Boone Middle School. The complex, built in 1978,...

  • K. Hovnanian breaks ground, launches sales for its first residential community in Ocoee

    K. Hovnanian breaks ground, launches sales for its first residential community in Ocoee

    Fifty single-family homes are underway in the city of Ocoee, as part of a new K. Hovnanian home community called Ocoee Landings. Orlando Division President Kyle Upper said the project marks the homebuilder's first residential project in the city just west of Orlando. Ocoee Landings was part of...

  • Mike Nursey, TD Bank

    Mike Nursey, TD Bank

    His beloved Bolts were in No. 1 in the Atlantic Division at press time, which was more than enough to have avid sports fan Michael Nursey in high spirits, though the stats may have been slightly surpassed by his recent shift in title. Nursey, who has been with TD Bank since 2012, most recently...

  • Greystar vying for land in Horizon West's Hamlin area for new age-restricted units

    Greystar vying for land in Horizon West's Hamlin area for new age-restricted units

    Greystar Real Estate Partners is vying for a piece of Boyd Development's Hamlin-area portfolio with plans to open another one of its Overture branded communities, limited to residents age 55 and up.  The project would be the first age-restricted development within the Hamlin Town Center master-planned...

  • Developer downzoning apartment sites in Haines City for single family

    Developer downzoning apartment sites in Haines City for single family

    A developer based in Celebration is working with Haines City to downzone two sites that had been approved for more than 2,000 apartments for single family homes. Both sites on across 30th Street from Haines City Senior High School and straddle Robinson Drive, which will be paved by the developer....

  • Sun Terra snags land in Horizon West Town Center for $42M

    Sun Terra snags land in Horizon West Town Center for $42M

    Sun Terra Communities has closed another blockbuster land deal, this time in the highly desirable Horizon West submarket. The Oviedo-based developer and land banker paid $41.9 million on Monday for an assemblage of 534 acres in the Horizon West Town Center, just south of the Hamlin property. The...

  • Blackstone affiliate pays $70M+ for apartments near SeaWorld

    Blackstone affiliate pays $70M+ for apartments near SeaWorld

    An affiliate of New York-based Blackstone Group, one of the world's largest private equity firms, just picked up the Integra Cove apartments near SeaWorld for $70.75 million.  The deal for the 338-unit apartment complex at 6801 Westwood Blvd. beaks down to about $209,300 per unit. According to...

  • Brazilian-American firm planning $72M condo resort in Kissimmee area

    Brazilian-American firm planning $72M condo resort in Kissimmee area

    Primeland Development, a Brazilian-American real estate firm based in Miami, is making its Orlando market entry with an ambitious $72 million condo resort property on Livingston Road in Kissimmee. "We are very excited about this property," Primeland CFO Karen Costa told GrowthSpotter on Wednesday....

  • Lot next to proposed Magic Entertainment Complex sells with intent to be developed

    Lot next to proposed Magic Entertainment Complex sells with intent to be developed

    An undisclosed buyer just dropped a little more than $2.24 million for land abutting the Orlando Magic’s Sports and Entertainment District, with plans to eventually develop the lot currently used for parking. According to deed filed with Orange County Monday, West Side Venture Fund VII, LLC bought...

  • Kissimmee developer planning flex industrial project near city airport

    Kissimmee developer planning flex industrial project near city airport

    Kissimmee developer Thomas Chalifoux has is planning a new flex industrial project just north of Kissimmee Gateway Airport. Chalifoux and his son and business partner, Niles, filed construction plans in late January with the city to build 57,400 square feet of small-bay flex warehouse space on...

  • Philadelphia real estate investment firm pays $15.2M for Lake Mary shopping plaza

    Philadelphia real estate investment firm pays $15.2M for Lake Mary shopping plaza

    CenterSquare Investment Management, a real estate investment firm headquartered in Philadelphia, paid $15.2 million for the Park Lane Place dining hub on International Parkway at Heathrow Lane in Lake Mary, according to a deed signed Feb. 15 and recorded last Tuesday in Seminole County. The seller...

  • Developer of Apopka's Gateway Plaza retail center nears groundbreaking

    Developer of Apopka's Gateway Plaza retail center nears groundbreaking

    A Longwood-based developer who has been racking up land in Apopka since 2004 is close to breaking ground on a new retail project called Gateway Plaza.  VBRO Group, led by property investor and developer Ashish Kapadia, is looking to build more than 32,000 square feet of retail space on 3.36 acres...

  • Osceola cattle ranch priced at $34M attracts global buyer interest

    Osceola cattle ranch priced at $34M attracts global buyer interest

    A working cattle ranch south of St. Cloud has hit the market for $34 million and is drawing global interest, according to the listing brokerage. The 2,250-acre Bar Seven Ranch at 5300 N. Canoe Creek Road in Kenansville could follow a succession of large-scale agricultural land transactions in Osceola County...

  • V3 Capital seeks rezoning to build new office project in Winter Park

    V3 Capital seeks rezoning to build new office project in Winter Park

    A new office building is being planned for Winter Park. According to an application filed with the city in February, Maitland-based real estate firm V3 Capital Group is seeking to rezone 1.7 acres of land between Gay Road and Trovillion Court to allow for a two-story, 32,000-square-foot office...

  • St. Cloud approves 2,020-acre Center Lake Ranch annexation with strict conditions

    St. Cloud approves 2,020-acre Center Lake Ranch annexation with strict conditions

    The St. Cloud City Council voted 4-1 on Thursday to annex the 2,020-acre Center Lake Ranch -- a year after denying the annexation -- but they added barriers that could make it difficult for the project to proceed as planned. The council placed a condition on the annexation vote that would prohibit...

  • Terracap buys Maitland Center office building, plans renovations

    Terracap buys Maitland Center office building, plans renovations

    TerraCap Management is investing in yet another Maitland Center office property, this time paying $13.8 million for the 850 Trafalgar building just west of North Lake Destiny Road.  Matthew Hart, director of investment analytics at TerraCap, said the firm specializes in value-add opportunities and will...

  • Condev looking to sell shovel-ready site in posh Park Avenue neighborhood

    Condev looking to sell shovel-ready site in posh Park Avenue neighborhood

    Winter Park-based Condev Companies is wrapping up the final permitting and design stage as it goes to market for the View at Park Avenue luxury townhouse project. The 1.4-acre site is tucked between New York Avenue and Park Avenue, overlooking the municipal golf course. It was the longtime home...

  • Lakeland flower nursery will be converted for marijuana cultivation

    Lakeland flower nursery will be converted for marijuana cultivation

    Another major marijuana cultivator will have a production presence in central Florida, with Surterra Wellness acquiring a Lakeland nursery to serve its 22 dispensaries around the state. Atlanta-based Surterra, which describes itself as one of the largest U.S. providers of medical, wellness and...

  • W.P. Carey pays $23.3M for high profile corners on I-Drive tourism corridor

    W.P. Carey pays $23.3M for high profile corners on I-Drive tourism corridor

    Net lease investment REIT W. P. Carey exercised a 5-year-old option agreement this week and closed on two key International Drive retail properties for a combined $23.3 million. Unicorp National Developments sold the Walgreens store at the corner of I-Drive and Sand Lake Road for $20 million.  ...

  • Cincinnati Fortune 500 company files plans for second facility in south Orange County

    Cincinnati Fortune 500 company files plans for second facility in south Orange County

    More industrial space is headed for south Orange County. Cintas Corporation, a recent newcomer to the Fortune 500 list, just filed plans with South Florida Water Management District seeking to build one of its uniform processing plants at 2510 Investors Row.  The vacant 8.68 acres would be developed...

  • Pulte confirms plans for new vacation home resort in Four Corners

    Pulte confirms plans for new vacation home resort in Four Corners

    Pulte Homes has found a landing spot for a vacation home business that is outgrowing its Westside Corridor space.  Orlando Division Director Clint Ball told GrowthSpotter the homebuilder expects to close this summer on 151 acres on Sand Mine Road, on the Polk County side of the county line. He...

  • New York developer planning 700+ apartments on Osceola-Polk Line Road

    New York developer planning 700+ apartments on Osceola-Polk Line Road

    New York-based Sovereign Properties has a purchase contract for a 92-acre entitled Planned Development in the heart of the Reunion-ChampionsGate submarket.  It would be the company's entry into the Central Florida market. "We've been looking to get into that area for a while," Sovereign Vice President...

  • Developer preps for new subdivision on failed Leesburg golf course

    Developer preps for new subdivision on failed Leesburg golf course

    Construction is expected to begin this summer on Silver Lake Club, a 233-home subdivision on the site of the dormant Silver Lake Golf and Country Club in Leesburg. The 104-acre site north of Morningside Drive, south of Jackson Road and west of Silver Lake Drive had been slated for redevelopment...

  • Ocoee retail development site scores city approval a decade after rezoning

    Ocoee retail development site scores city approval a decade after rezoning

    An Ocoee retail project that was shelved in 2017 and has been in the works for a decade is once again making its way through city government.  The Ocoee City Commission voted unanimously on Feb. 19 to amend plans for the Ocoee Town Shops Planned Unit Development. Located on the northwest corner...

  • Magnolia hotel design sails through Orlando ARB courtesy review

    Magnolia hotel design sails through Orlando ARB courtesy review

    Maybe it was the lecture from Planning Director Dean Grandin at the start of the meeting, or the design tweaks by Baker Barrios, but in either case a planned 19-story mixed-use tower sailed through Orlando's Appearance Review Committee with only minor comments. Grandin told the ARB members they...

  • Upshot Capital buys vacant Apopka site for new urgent care center

    Upshot Capital buys vacant Apopka site for new urgent care center

    Upshot Capital Advisors just purchased a vacant commercial site in Apopka through one of its real estate funds with plans to build a new Centra Care urgent care facility and restaurant.  According to a deed recorded Thursday in Orange County, the fund paid $1.67 million for a roughly four-acre...

  • Developers seek rezoning of 150 acres in East Narcoossee area for residential

    Developers seek rezoning of 150 acres in East Narcoossee area for residential

    Veteran Orlando developer Bill Canty is teaming up with Elevation Development to further the transformation of Osceola's Jones Road from its pastoral setting to a suburban corridor linking Narcoossee Road to the future Sunbridge community. Osceola's Development Review Committee this week approved...

  • NFL star linebacker sells Casabella at Windermere home

    NFL star linebacker sells Casabella at Windermere home

    Super Bowl winning linebacker Bruce Irvin has reached the end zone with his Casabella at Windermere home. According to a deed recorded Wednesday in Orange County, Irvin sold his home at 4083 Isabella Cir. for about $1.7 million. The deal for the 6,987-square-foot home breaks down to about $245...

  • Epoch Residential gears up for construction on new Kissimmee apartments

    Epoch Residential gears up for construction on new Kissimmee apartments

    Winter Park-based Epoch Residential will break ground in the next 30 days on the a pair of multifamily communities totaling 448 units in Kissimmee's LOOP submarket. The luxury multifamily developer closed last week on 74 acres in the Flora Ridge Mixed-Use PUD, east of Dyer Boulevard and about a...

  • Orlando developer targets lot across a cemetery for new single-family homes

    Orlando developer targets lot across a cemetery for new single-family homes

    Orlando-based developer Khaled Hussein wants to introduce a new single-family home community directly across the Chapel Hill Cemetery in east Orange County. According to a recent Technical Review Group application filed in Orange County, Hussein is seeking to rezone four parcels of mostly undeveloped...

  • Osceola County considering a major increase to its already high impact fees

    Osceola County considering a major increase to its already high impact fees

    Osceola County is considering a nearly $1,400 per home Park Impact Fee increase in March to what is already the highest combined impact fees in Florida. Last year the county virtually doubled its mobility fees across the board, while school impact fees also jumped -- particularly for new apartment...

  • St. Petersburg flooring retailer buys Eustis shopping center for $7.4M

    St. Petersburg flooring retailer buys Eustis shopping center for $7.4M

    A St. Petersburg investor who is also a prominent Tampa Bay flooring retailer has acquired the Eustis Square Shopping Center and the deal could herald the expansion of the retail brand, JB Factory Flooring, into central Florida. Boukalis Development of St. Petersburg bought the shopping center,...

  • Nvision preps first phase for newly proposed mixed-use project across Reunion

    Nvision preps first phase for newly proposed mixed-use project across Reunion

    Orlando-based Nvision Development Management Services is prepping the first phase of a new master-planned community along the booming Osceola-Polk County line. According to a conceptual site plan filed in Polk County, the developer is planning to build 120 townhome units in part of a multi-phase...

  • Flagship files plans for new retail center across from NeoCity gateway

    Flagship files plans for new retail center across from NeoCity gateway

    Flagship Development is planning to break ground in April on a $4 million retail center across from one of the main gateways into Osceola's NeoCity tech district. It would be the next phase of Heritage Commons, a 20,000-square-foot plaza at the corner of U.S. 192 and Fortune Road, next to Osceola...

  • Developer files plans for new mixed-use timeshare project along South I-Drive

    Developer files plans for new mixed-use timeshare project along South I-Drive

    Developer Vincent Desai is looking to build a new mixed-use project along South I-Drive that can introduce up to 708 new timeshare units to the rapidly growing tourism sector there.  Robby Joshi of the architecture firm ARCHENICS filed a pre-app request with Orange County to discuss development...

  • Ohio hotelier planning a new Staybridge Hotel near UCF campus

    Ohio hotelier planning a new Staybridge Hotel near UCF campus

    Toledo-based Key Hotel & Property Management looks to be eyeing a second hotel site near UCF after entering the Orlando market in late 2018. Last December Key affiliate Ultra LLC bought property near SeaWorld that had county-approved plans for a pair of 135-key, extended-stay hotels. Ultra paid...

  • Toll Brothers looks to capture cost-conscious homebuyers with new Sanford-area development

    Toll Brothers looks to capture cost-conscious homebuyers with new Sanford-area development

    Toll Brothers, the company that bills itself as America’s Luxury Home Builder, is introducing a more-affordable line of houses in a new Seminole County gated community. Parkview Place, a 70-home development under construction near the intersection of Lake Mary and Skyway boulevards, will feature...

  • Investment fund run by Blackstone Group exec buys Maitland Center offices

    Investment fund run by Blackstone Group exec buys Maitland Center offices

    A fund that invests on behalf of Tony James, the vice chairman of one of the world's largest private equity firms, Blackstone Group, just paid $33.5 million for the Reserve at Maitland office complex in Eatonville.  According to a deed recorded Thursday in Orange County, Jefferson River Capital,...

  • Banner breaks ground on downtown Orlando's newest apartment tower

    Banner breaks ground on downtown Orlando's newest apartment tower

    Construction is now underway on Downtown Orlando's next luxury apartment tower overlooking Lake Eola, and developer Banner Real Estate Group expects to be able to deliver the first units in late 2020. "We've got all our permits and and crews fully mobilized today," Banner's development director,...

  • Jones Homes expands operations in Harmony with 55-plus section

    Jones Homes expands operations in Harmony with 55-plus section

    Jones Homes USA is expanding its footprint in Osceola County's Harmony golf community by coming in as the second builder in the active adult section, Lakes at Harmony. The Orlando-based homebuilder made the announcement as it executed the first takedown of lots in Harmony West. Jones Homes, the ...

  • McCraney introduces new industrial park concept west of Orlando airport

    McCraney introduces new industrial park concept west of Orlando airport

    McCraney Property Company is eyeing some 70 acres of timberland directly west of Orlando International Airport for a new industrial park dubbed Cone Land. According to a Preliminary Review Plan filed with Orange County last week, the West Palm Beach-based developer is looking to build a 977,400-square-foot...

  • Intram Investments sells another 40+ acres in Sunrise City to apartment developer

    Intram Investments sells another 40+ acres in Sunrise City to apartment developer

    Integra Land Company, which is wrapping up construction of a 300-unit class A apartment complex at Sunrise City, exercised its option to buy another 41 acres in the community. The Lake Mary developer paid $12.95 million for the land, which closes out the majority of the mixed-use project. The land...

  • Condemned Sola at Celebration apartments to open again under new name

    Condemned Sola at Celebration apartments to open again under new name

    The recent owners of the condemned Sola at Celebration multifamily community are drawing up plans to breathe new life into the vacated apartments. For one, Cohen Goldstein Investment Strategies is changing the community’s name to Astoria at Celebration, spokesman Bruce Beck confirmed. In an off-market...

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