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.
Construction Starts on Margulies’ Newest Condo Tower
By Georgiana Mihaila, Associate Editor
As part of the recent streak of new condo developments in the South Florida area, the last William Islands residential site is about to be occupied by a new high-end condo project. Developer Martin Z. Margulies […]
The Outlet Shoppes in Woodstock Get City Council Approval
By Georgiana Mihaila, Associate Editor
Muskegon, Mich.-based Horizon Properties plans on moving forward with its new factory outlet retail development—The Outlet Shoppes in Woodstock—as the project has recently received approval from the city council. Construction for the 365,000-square-foot factory outlet shopping […]
Westdale Investment Partners, Cortland Partners Invest in Charlotte Multifamily
By Amalia Otet, Associate Editor
Cassidy Turley became the receiver of a 746,337-square-foot portfolio of flex properties in Charlotte.
The 12-building portfolio is owned by Islandia Charlotte, an affiliate of Calif.-based Greenstein Asset Management, a company that recently went into foreclosure after […]
UCF Off-Campus Housing Complex Trades for $84M; Grand Floridian Gets Timeshare Addition
By Georgiana Mihaila, Associate Editor
The Orlando Business Journal reports that the 1,527-bed student housing complex across the street from the University of Central Florida’s main campus has traded hands for more than $84 million. The buyer is HSRE-UCF I LLC, […]
Midtown’s Promenade Two Trades Owners Once More
By Georgiana Mihaila, Associate Editor
The iconic Promenade Two office building in Midtown Atlanta has changed hands for the second time in the past month, as Atlanta-based Cousins Properties recently acquired the 38-story building for $134 million in cash. On November […]
Cervera Real Estate Tapped to Sell BrickellHouse Luxury Units
By Georgiana Mihaila, Associate Editor
Newgard Development Group has chosen Cervera Real Estate to serve as the exclusive sales and marketing agent for its newest luxury condo tower, BrickellHouse. The $170 million project, slated to break ground in the third quarter […]
Green Street Files Detailed Plans for Ponce City Market
By Georgiana Mihaila, Associate Editor
The Ponce City Market project in Atlanta is a step closer to fruition as developer Green Street Properties has filed detailed plans with the Georgia Department of Community Affairs. The $180 million plan calls for redeveloping the former […]
Hines Takes Top Spot with Major Lease Renewal at Shell Plaza
By Georgiana Mihaila, Associate Editor
The Houston office of international real estate firm Hines landed what is considered to be this year’s largest office lease in the world, renewing Shell’s lease at One Shell Plaza and Two Shell Plaza for a […]
Beacon Capital Buys Tampa’s SunTrust Building for $82M
One of the most recognizable buildings on Florida’s Gulf Coast has recently traded for a reported $82 million. According to the St. Petersburg Times, the 36-story SunTrust Financial Center sold for more than $30 million less than it went for back in 2007, when Charter Hall Office REIT and Stiles Corp. purchased it for $114 million.
Development, Redevelopment Projects Move Forward in Metro Area
By Amalia Otet, Associate Editor
Poydras Home, a nonprofit retirement community serving greater New Orleans, recently announced plans to break ground on a new assisted living residence Uptown in January 2012.
The Poydras community sits on a three-and-a-half acre site at Magazine […]