Real Estate

Daniel Diaz Leyva, an attorney with Day Pitney, has facilitated the closing of a $16.5 million acquisition loan, in connection with a $37.8 million purchase of a retail strip, at Tyrone Square Mall, in St. Petersburg. Leyva represented the lender, Miami-based City National Bank of Florida. The buyer was Boston Capital and the seller was

Jafri Capital has arranged $3.6 million for the refinancing of two properties, in St. Pete Beach. All told, the firm has closed on $10 million dollars of arranged debt financing during the summer of 2023, in the Tampa-St. Petersburg metro area, according to a statement. Scott Glazer, of Lynx Mortgage Bank Commercial Division, originated the

St. Croix Capital Companies, an Austin-headquartered commercial real estate firm and its Tampa-based affiliate, Cowboys and Pirates, has acquired real estate, in Ybor City. Located at 1517 E. 5th Avenue, two blocks from Centro Ybor, across from the Centro Ybor Garage, the property will be the new home of Celebrity Cigars and Cigar TV. Owned

A listing represented by Denise Mei of Michael Saunders & Company was selected as the overall winner in the HGTV Ultimate House Hunt 2023, a monthlong online promotion held annually, on HGTV.com showcasing homes across the country. More than 1.2 million votes were cast to determine the winners among 84 finalists, in eight categories, according

Jafri Capital arranged a $6.5 million construction loan for four new construction homes on Redington Beach. “We were attracted to this opportunity given its great location and the borrower has over twenty-five years of experience,” says Shahid Jafri, founder of Jafri Capital. Jafri Capital has a strategic relationship with Lynx Mortgage Bank Commercial Division. Scott

There is nothing quite like an exceptional hotel experience, including amenities such as a fitness center and pool. While hotels can offer attractive temporary living space for business trips, or vacations, they often lack the ability to provide the comforts of home. Combining the service, and amenities, of a boutique hotel with the comfort of

Jennifer Zales, a real estate professional with Coldwell Banker Realty, affiliated with the company’s Westshore office, was listed on the 2023 Real Trends The Thousand, as featured in The Wall Street Journal. Zales was ranked no. 56 on the list of the top individual agents in the United States based on achieving $224,139,110 in closed

Pendry Residences Tampa, a luxury hotel and residential tower being built in downtown Tampa, has residential sales now exceeding $200 million. Pendry Residences will offer homeowners a private residential lobby, elevator and rooftop pool. Residents will have full access to hotel services and amenities, including a dedicated residential staff. “Construction activity on site will move

The law of demand states that as the cost of a product rises, the quantity of demand falls. This concept goes further into the consumer psyche in explaining that when the cost of complementary goods go down, the demand for their complements go up. The free peanuts at the bar are designed to stimulate enhanced

Members of The Realty Alliance gathered, for three days, at The Ritz-Carlton Sarasota to discuss the real estate industry and how they managed to close $310 billion in real estate last year. Michael Saunders, founder and chief executive officer of Sarasota-based Michael Saunders & Company, is a member of this invitation-only network of North America’s

Coastal Construction received the the General Contractor Project of the Year award by Associated Builders and Contractors (Gulf Coast Chapter) for the company’s work on the Heron Residences, in Water Street Tampa. The award was given to Coastal Construction, the general contractor for the Heron, during the 2023 ABC Excellence in Construction Awards Ceremony held

Cushman & Wakefield, a real estate services firm, in Tampa, has arranged the $40 million sale of Bridgeport Center, a nine-story and 180,257-square-foot office building, in Tampa’s Westshore submarket. The office building was sold by an undisclosed seller and acquired by NAI/Merin Hunter Codman, according to a statement. Bridgeport Center is a Class A office