Real Estate
Coverage of commercial real estate, development, land sales, building activity and major projects across Tampa Bay.
Landowners in Florida have sold 16,720 acres and over $36 million to the state, which will place restrictions on future development. (View the transactions below) Under these transactions, represented by Dean Saunders, the founder of SVN | Saunders Ralston Dantzler, landowners will retain ownership and agricultural use of land in exchange for selling the property’s … Read more
Ellison Construction is preparing to build a new luxury home on the Davis Islands site once owned by Derek Jeter.
Owning rental real estate can be a great way to supplement the income you receive from your regular job. Investing in rental property can generate recurring cash flow, help build long-term wealth and even capture some unique tax benefits. But, to reap all these benefits, you need to understand the rules for this type of … Read more
According to new data from the Coldwell Banker Real Estate Move Meter tool, which compares characteristics such as cost and quality of living, city by city, Tampa is one of the top ten cities people want to move to. Austin, Texas was found to be the most searched Move Meter destination and Charlotte, North Carolina … Read more
Developers of The Julia have officially broken ground at the site of the condominium tower, at 100 4th Ave. N., in St. Petersburg. The 19-story condominium gives residents the opportunity to rent their homes for a minimum of 30 days, up to 12 times per year, with management provided by Vacasa, a vacation rental management … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
