Interface Properties In The Headlines
In the news
Stay up to date on Interface Properties’ latest acquisitions, financings, and development milestones across our national portfolio.
- Interface Properties Buys on Gulf Coast
Interface Properties has acquired Wild Pines of Naples, a 10-building, 200-unit apartment community in Naples, Fla., for an undisclosed price. The previous owner of the property was JSB Capital Group, according to Yardi Matrix.
- Inland sells Florida asset to Interface Properties
When New York City-based investment manager Blackstone announced its purchase of Denver-based Apartment Income REIT Communities in April, apartment industry leaders hoped it might be a sign that the sales market was finally starting to thaw.
- Investor gets $40M loan to buy Fort Myers apartments
A Boca Raton real estate development firm has secured a nearly $40 million loan to buy a 296-unit Fort Myers apartment complex. It paid $57 million.
The loan for $39.9 million was originated by Berkadia and went to Interface Properties for the purchase of the Brantley Pines Apartments at 1801 Brantley Road, just off of Cleveland Avenue.
- Destin Center Trades for $242 Per SF
The one-year-old, 171,837-sf Shoppes at Paradise Isle has been sold for the highest per-sf price posted this year in this Florida Panhandle resort area, according to area retail brokers. They also tell GlobeSt.com the $242.08 per-sf-price is one of the highest recorded in North Florida over the past five years.
- Interface Properties Acquires 15-Acre Mixed-Use Office and Medical Campus in the Heart of Boca Raton
Acquisition of Fountains Center, a 189,542-square-foot mixed-use office, medical and retail campus located at the intersection of Powerline Road and W. Camino Real in Boca Raton, Florida.