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Providing Cutting Edge Data and Information on the Evolving Real Estate Market With Occasional Commentary
RECENT BLOG POSTS
BRE DDR BR NORTHPOINT FL LLC  an affiliate of Blackstone Real Estate sold the Northpoint Shopping Center located at 1811-1847 NE PINE ISLAND RD CAPE CORAL, FL to ALTO NORTHPOINT LP for $17,836,000.00 on January 10, 2019.  ALTO NORTHPOINT LP obtained a mortgage from Wells Fargo Bank in the amount ...
01/17/2019
Data Source: FDOR 
11/23/2018
On March 23, 2018, Governor Scott and the Florida Legislature delivered a win for Florida’s business community with the amendment of House Bill 7087.  Specifically in Section 212.031 of the Florida Statutes note the reduction of the Business Rent Tax (BRT) from 5.8 percent to 5.7 percent, which b...
09/05/2018
FYR SFR BORROWER LLC completed the purchase of 133 properties in Lee County, FL for $9,430,058.63 from RHA 2-SW FL LLC.  A copy of the contract can be located at this link, and the list of the Lee County single family homes is below for review. Information about the parent transction, which inlud...
09/02/2018
CRC (Continental Realty Corporation) acquired The Shoppes at Pelican Preserve from PGIM INC for $12.2 million dollars in August 2018. The 69,475-square foot shopping center is located at 10520 Colonial Boulevard in Fort Myers, Florida According to the Lee County Property Appraiser site, the cente...
08/10/2018
The Hotel Indigo located in Downtown Fort Myers, FL aka the River District, Fort Myers sold June 18, 2018 by Backbay Resorts SWFL, LLC to Laxmi Lodging Florida, LLC for $9,325,000.00 according to Lee County Official Records. Official Record-Deed click here.The new owners, Laxmi Lodging Florida, L...
06/30/2018
BABOCK RANCH INDEPENDENT SPECIAL DISTRICT (ISD)BABCOCK RANCH CHARLOTTE COUNTY, FLRESIDENTIAL PERMIT ACTIVITY54 CERTIFICATES OF OCCUPANCY (C0's) ISSUED ( Models, S/F, M/F) 87 PERMITS ISSUED ( Models, S/F, M/F)14 PERMITS READY FOR PICK UP ( Models, S/F, M/F)19 PERMITS UNDER REVIEWTOTAL :174THE ABOV...
06/16/2018
8250 REALTY LLC purchased the surgery center located across from the Lee Health campus on US 41 near downtown Fort Myers from Dixie Parkway Associates LLC for $6,000,000.00 on May 22, 2018. The surgery center was built in 2012. The building is approximately 8,991 SF, including 3 operating rooms a...
06/09/2018
NRD REAL ESTATE VENTURES GP LLC(Deleware Registered LLC) purchased the Ruby Tuesday's located on the campus of HealthPark in Fort Myers, FL  in May 2018 for  $2,667,450.00 from TMT33 LLC.The location of the site is: 9001 Park Royal Dr, Fort Myers, FL 33908Click here for link to Lee County Propert...
06/09/2018
PRESERVE EQUITY LLC sold a tract of land in Bonita Springs Florida to Mosaic Development LLC in May 2018 for $3,600,000.00. Additonallly, DEAN STREET 2005 LLC sold the adjacent parcel to Mosaic Development at Oak Creek for $2,340,000.00 in May 2018. The 17.5 acre project will offer both 273 multi...
06/09/2018
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Providing Cutting Edge Data and Information on the Evolving Real Estate Market With Occasional Commentary