- Stream Realty Partners announces the addition of Scott Altieri as Senior Vice President in its Tampa office. Altieri is a veteran in the commercial real estate industry with over two decades of expertise in industrial sales, leasing, and investments. Altieri comes to Stream from JLL, where he served as Senior Vice President, focusing on industrial sales and leasing in the Pinellas County market. Over the course of his career, he has completed nearly $800 million in transactions, spanning almost 20 million square feet.
- Stream also announced that it is expanding its Industrial Development Services (IDS) footprint with strategic growth in Florida. Clay Golden and Chad Baldwin will now lead industrial development growth in Tampa, Orlando, and South Florida,
- Construction firm ANF topped out the Parks at Hallandale in Hallandale Beach. Developed by 13th Floor Investments, the $89 million Parks at Hallandale, located at Pembroke Road and North Federal Highway, spans 15.5 acres and will feature 398 market-rate and workforce apartments in five-story buildings, along with 6,500 square feet of ground-floor retail. Amenities include a pool, fitness center, pickleball courts, a playground, and a dog park.
- Eastham Capital launched its seventh multifamily investment fund, Eastham Capital Fund VII, LP. This fund will target income-producing, value-add (C+ to A-) properties in A&B locations throughout the United States. Eastham Capital Fund VII, LP is targeting to raise $500-750 million in equity commitments.
- Berkadia announced today the sale of Topaz Gardens, a 216-unit value-add multifamily property located on the west side of Jacksonville, Florida. Greg Rainey led the transaction on behalf of the seller, Topaz Capital Group of Miami Beach, Florida. The firm plans to upgrade its multifamily portfolio with newer, higher-quality properties in prime Florida locations. GMC Properties of Jacksonville acquired the asset, rebranding it as Oakview Landing. The sale price was not disclosed. The property was 91% occupied at the time of sale.
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