FAA APTitudes Newsletter
December 2017 | The monthly e-newsletter of the Florida Apartment Association

Market Report

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11/29 Construction Recruiters Sought After in Florida Multifamily Market

Construction recruiters are being sought after in record numbers throughout Florida's multifamily booming construction market. Top Florida general contractors are seeking the help of outside firms to find key talent to build their new projects. Read more.

11/20 Hunt Mortgage Group Refinances Two Multifamily Properties in Florida with Fannie Mae Small Balance Loans

Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided Fannie Mae Small Balance Loans to refinance two multifamily properties located in Florida. The total Hunt Mortgage Group investment was $4.1 million. Read more.


12/13 Southbank apartment wins another round at city hall, court might be next

 A planned Jacksonville apartment project located on the Southbank moved forward again after the Downtown Development Review Board denied for the final time an appeal of its design approval in a 5 to 2 vote. Read more. 

11/29 GoldOller Real Estate Investments Acquires An Iconic Jacksonville Apartment Community

GoldOller Real Estate Investments announced its acquisition of the Villages of Baymeadows Apartments, a 904-unit rental community in Jacksonville, Florida, purchased from an affiliate of Harbor Group International, LLC.  Read more


11/27 Lantower Residential Acquires 282-Unit Apartment Community in Southwest Orlando Market

Dallas-based Lantower Residential announced the acquisition of Lantower Grande Pines in the heart of the I-4 tourism corridor in southwest Orlando. Read more

Bay Area

11/27 Preferred Apartment Communities Acquires 180-Unit Multifamily Community in Tampa

Preferred Apartment Communities announced the acquisition of a 180-unit Class A multifamily community in Tampa constructed in 2016 called Overlook at Crosstown Walk. Read more.


11/28 EHC Inc. Starts Two New Projects in Southwest Florida

EHC Inc., a construction company that provides pre-construction, earthwork, and infrastructure services, has started development of the Springs at Port Charlotte in Port Charlotte and Helms Road in South Labelle. In addition, EHC completed Tuscola in North Port, 16 miles of I-75 improvements in Sarasota and Charlotte Counties, and SR 84/Davis Boulevard in Collier County. Read more.


12/15 Ram, Pinnacle sell Hollywood apartment complex for $90M

Ram Realty Services and Pinnacle Housing Group just sold an apartment complex in Hollywood for $90.3 million to a trust fund managed by JP Morgan, property records show. Read more

12/13 New 80-Unit Affordable Housing Community Host Ribbon Cutting Celebration in Oakland Park

Building Better Communities Inc. and Pinnacle Housing Group LLC hosted a ribbon cutting celebration to mark the grand opening of Oakland Preserve, the new multifamily, 80-unit affordable housing community located at 3600 Oakland Preserve Way (N.E. 2nd Avenue) in Oakland Park. Read more.

12/8 The Altman Cos. Opens New Altís-Branded Community

The Altman Cos. has opened its latest Altís-branded apartment community in Pembroke Pines, offering 280 luxury units. Read more.

12/8 Investor Demand for South Florida Multifamily Brisk Again in ’17

This year there have been 198 multifamily sales in the area valued at a total of nearly $3.6 billion, according to a report by Cushman & Wakefield. Read more


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