Miami

Taurus Investment Holdings has acquired the Mezzo at Tampa Palms in the exclusive Tampa Palms community from Preston-Giuliano Capital Partners in a deal that calculated out to $173,529 per unit.

The firm will retain its existing space and expand into new workspace at the 206,773-square-foot building is owned by Steelbridge. Hayes Medical Staffing expects to create an additional 250 jobs in connection with its expansion.

Bell Partners will manage the Broward County property that is located in the growing job and housing markets of Fort Lauderdale and Boca Raton.

Apartment fundamentals in the Jacksonville MSA are solid. According to CBRE Econometric Advisors, employment gains in the market have been steady over the past few years and should continue to have a positive effect on the apartment market.

The purchase increases Preferred’s multifamily portfolio to 33 multifamily communities across 10 states. The company financed the acquisition utilizing a non-recourse first mortgage loan from MetLife Investment Management on behalf of a client.

This likely is the biggest office construction loan to ever close for a Brickell project.

The 18-story Soleste Grand Central apartment tower is set for delivery in two years.

The first of the VIA Centers broke ground at the Wellpoint Community at Hampton Cove in Huntsville, AL with immediate plans for three additional communities in Tennessee, Florida and New England.