Miami

Nelson Knight, EVP and chief investment officer of Apple Hospitality, says, “Through these attractively priced transactions, we adjusted our market exposure in ways that we feel will further enhance the strength and stability of our hospitality platform.”

FIU reports that South Florida's first university-affiliated conference center and hotel is expected to open by the fall of 2021.

CBRE states that the sale price equated to the third highest sale price per unit secured for a 1960-1979 vintage asset in Hillsborough County.

At year-end 2018, the Miami-Dade industrial real estate market saw net absorption of 1.3 million square feet for the year and a 4.5% overall vacancy rate.

Real estate veterans and entrepreneurs Christian Dalzell and Mukang Cho have launched Counter Capital Management, LLC, which will be co-headquartered in Boca Raton and Philadelphia.

The two properties were sold by Aventura, FL-based ESJ Capital Partners and MG3 Developer Group of Hollywood, FL. MG3 was the developer of both charter schools.

TSG Group, a boutique, real estate development and investment company, and Linéaire Group, a Miami-based investment and design firm, acquired the 30,000-square-foot land parcel at 1765 North Miami Ave. for $5.9 million.

Valley National announced on Feb. 13 it planned to engage in a sale/leaseback on a total of 29 properties that includes 28 branches and one corporate location for a total aggregate purchase price of approximately $107 million.