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.
Luxury Mariposa Lofts Community Sells for $40M
By Georgiana Mihaila, Associate Editor
The luxury multifamily community Mariposa Lofts was recently purchased by Inwood Holdings for $40 million, according to the Atlanta Business Chronicle. The 253-unit multifamily community, set in a central location two miles east of downtown Atlanta, was acquired by the current seller—Behringer Harvard Multifamily REIT I—in September 2009. As reported by the Business […]
Flagler Station Sold to AEW Capital for $340M
By Georgiana Mihaila, Associate Editor
Less than three months ago, TPG Capital’s intent of buying Flagler Development’s 12 million-square-foot portfolio of developed assets for over $1 billion was one of South Florida’s biggest commercial real estate news stories. Yet last month, […]
Crescent to Develop New Facility Next to Adventist Health System HQ
Following the December completion of its headquarters, Adventist Health System will once more collaborate with developer Crescent Resources on the construction of a new facility.
Partnership Buys Tampa Land for New $37M Apartment Community
Following the acquisition of 25 acres of land in Tampa, a partnership formed by Crescent Resources L.L.C. and Global Growth Trust plans on developing a 344-unit garden-style apartment community.
Investors Show Interest in Houston Multifamily Assets
The Oaks at Cypress Station apartment complex recently changed hands for a reported $11 million. The deal was brokered by Edward Nwokedi, senior director for Cushman & Wakefield Inc., with Lance Edwards of First Cornerstone Group negotiating the bid process on behalf of the buyer, Vancouver-based The Duperron Group.
Lake Nona Breaks Ground on Publix-Anchored Shopping Center
A new shopping center is in store for Lake Nona, as work has started on the 5.6 million Lake Nona Plaza. Centrally located south of the SR 417 interchange on Narcoossee Road—across the street from Lake Nona Middle School and less than a mile away from Lake Nona High School and Valencia College’s new campus—the new shopping center will be anchored by a Publix Super Market.
NAP to Develop $35M Luxury Apartment Community on Newly Acquired Land
By Georgiana Mihaila, Associate Editor
North American Properties has recently acquired 3.7 acres in Atlanta’s Old Fourth Ward neighborhood with plans of developing its first ground-up multifamily property in Atlanta since the company shifted focus from retail to mixed-use and multifamily. […]
Newgard Hires JMAF as General Contractor for BrickellHouse
By Georgiana Mihaila, Associate Editor
John Moriarty & Associates of Florida has been selected by Newgard Development Group to serve as general contractor for the developer’s 374-unit luxury condominium tower—BrickellHouse. “JMAF’s industry expertise will ensure that we meet our 2014 completion […]
Renaissance Waverly Part of $262M Portfolio Sold to Inland
By Georgiana Mihaila, Associate Editor
DiamondRock Hospitality Company has completed the previously announced sale of a three-hotel portfolio to Inland American for $262.5 million. The 521-room Atlanta Renaissance Waverly hotel was part of the deal, along with Austin’s 492-room Renaissance and […]
UT Plans New Athletic and Intramural Complex
The University of Tampa recently announced plans for a new student intramural and athletic complex, to be set on the west side of the campus.