Amalia Otet
Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.
ARA Closes Sale of 204-Unit Old Fourth Ward Apartment Community; Lincoln Property Brokers Three Major Atlanta Leases
By Georgiana Mihaila, Associate Editor ARA—a privately held, full-service investment advisory brokerage firm specializing in the multifamily industry—recently announced the sale of its 626 DeKalb 204-unit apartment community. Buyer Mesa Capital Partners, an apartment acquisition and development firm, paid $21 million for the Old Fourth Ward apartment community. Mesa Capital Partners specializes in the creation […]
Hard Rock Casino Expands in Tampa to Become Fourth-Largest Casino in Nation
Following its recently completed $75 million expansion, the Seminole Hard Rock Casino in Tampa is now the fourth-largest casino in the nation, the Tampa Bay Times reports.
Lowe Enterprises Investors Buys 314-Room Boutique Hotel in Galleria Area
The 314-room Hotel Derek recently traded hands, with its acquisition by Lowe Enterprises Investors on behalf of a national hotel investment venture the firm formed last year with The Guardian Life Insurance Co. of America and a subsidiary of Allstate Insurance Co.
Invest Atlanta Moves to Georgia-Pacific Tower; Parkway Also Signs New Tenants
By Georgiana Mihaila, Associate Editor Invest Atlanta, the city’s official economic development authority, will soon be leaving its Pryor Street headquarters for the Georgia-Pacific Center; the agency signed a 13-year lease with landlord GA-MET—a joint venture of Metropolitan Life Insurance Company and Georgia-Pacific LLC—for 18,701 square feet on the 29th floor of the downtown office […]
Grocery-Anchored Shopping Centers Attract Interest in Tampa Bay Area
TNP Strategic Retail Trust—a public non-traded REIT that invests in grocery- and drug store-anchored retail properties—purchased the Bloomingdale Hills retail center in the Tampa suburb of Riverview for an undisclosed amount.
Lincoln Property Company Brokers New Orlando Lease for URS Corp.
URS Corp.—a fully integrated engineering, construction and technical services organization—has signed a new five-year lease of 16,500 square feet of office/flex space at Discovery Lakes I in Orlando.
Lighting Owner Relocates Vinik Asset Management’s HQ to SunTrust Tower
Vinik Asset Management—the Boston-based hedge fund and investment firm founded and controlled by Tampa Bay Lightning owner Jeff Vinik—will soon relocate to Tampa’s SunTrust Financial Centre.
HFF Hired to Market Former KBR HQ in Houston
According to an official announcement, Holliday Fenoglio Fowler has been hired by KBR to market the 135.8 acres of land that used to serve as the company’s headquarters in Houston.
Orlando Community Part of $100M Portfolio Acquired by Harbor Group
Affiliates of Harbor Group International, LLC have paid $99.7 million for a three-property Florida multifamily portfolio; the portfolio, consisting of a total of 1,218 units, included the Island Club gated community at 1401 South Kirkman Road, Orlando.
Sarasota Multifamily Property Trades for $13.5M
Tradition at Palm Aire—a 178-unit multifamily property located in the northern Sarasota community of Palm Aire—has been acquired by Preston Giuliano Capital Partners for $13.5 million, or $75,843 per unit.