Apartment deals closing despite virus fears

CBRE reports multifamily rental transactions remain active in the Tampa Bay area

  • By Kevin McQuaid
  • | 6:00 a.m. August 14, 2020
COURTESY PHOTO -- CBRE recently sold the Veranda at Westchase apartments for $70.45 million, one of a spate of sales the brokerage's Tampa-based multifamily team executed in the second quarter.
COURTESY PHOTO -- CBRE recently sold the Veranda at Westchase apartments for $70.45 million, one of a spate of sales the brokerage's Tampa-based multifamily team executed in the second quarter.
  • Commercial Real Estate
  • Share

Despite investment jitters over the potential impact of COVID-19 on the apartment sector in some parts of the country, multifamily rental transactions in the Tampa Bay area continued largely unfazed during the second quarter.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 19, 2026
Hoffmann family sets opening date for Naples boutique
  • March 19, 2026
Luxury Naples community sells $50M in homes in first two months of 2026
  • March 19, 2026
Water slides, bowling, go-karts and lots more coming to Lakewood Ranch
  • March 19, 2026
Downtown Sarasota apartment project would replace breakfast restaurant

Sponsored Content