Original Southeast commercial real estate news & events for Atlanta, Carolinas, Memphis, Miami, Nashville, Orlando and Washington D.C. metro area; plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
GlobeSt.com spoke with Real Estate Roundtable CEO Jeffrey DeBoer and Roundtable SVP and Counsel Ryan McCormick to get a better understanding of how this program will work.
The construction financing includes a $32.8 million senior loan provided by Ameris Bank and $5 million in preferred equity investment from RSE Capital Partners.
The Winter Park, FL project named Watercrest Winter Park will be developed by Vero Beach, FL-based Watercrest Senior Living and Titan Development Real Estate Fund 1.
The sale transaction for the 93.3%-leased shopping center was announced by brokerage firm HFF, which marketed the property on behalf of the seller, Retail Value Inc, which earlier this month spun off of Beechwood, OH-based DDR Corp.
GlobeSt.com <b>EXCLUSIVELY</b> caught up with Chris Breeden of Seven Oaks Co. to discuss how virtual connectivity is changing how we interact with both tenants and asset owners and how to use these tools effectively in this two-part Q&A series.