St. Pete Beach Resort Trades for $31.5M

OTO Development paid $31.5 for a St. Petersburg resort that was recently renovated due to hurricane damage. The 102-key Beachcomber Beach Resort reopened Oct. 30 after a year’s worth of repairs. The Tampa Bay Business Journal reports Gencom, the seller, bought the hotel in 2018 for $24 million. Hodg

Redfearn Lands Refi on 8-Building Jax Warehouse Facility

Redfearn Capital secured financing for an eight-building Jacksonville-area portfolio totaling $48 million. Prospect Ridge provided the financing. The portfolio includes a mix of front-load, rear-load and cross-dock industrial buildings near Interstate 95, Interstate 10 and Interstate 295, with acces

Budget session could shape housing priorities

Florida lawmakers return to Tallahassee to finish the state budget, with decisions ahead on taxes, spending and programs tied to housing, growth and the environment.

Florida’s Migration Is Cooling, Not Reversing

Florida’s migration has slowed from its pandemic peak as affordability reshapes who moves in and out, especially younger workers, families and retirees.