Kolter Urban Reveals Plans for 325-Unit St. Pete Condo Project
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
Kolter Urban submitted a site plan application in St. Petersburg that outlines two 44-story condominium towers to be built where the Hilton St. Petersburg Bayfront (shown) stands today. The $325 million redevelopment…
External link. Real Estate Trail does not republish source content.
More from the wire
Serving clients or breaking bylaws? AI shortcuts into the MLS are all the rage
HousingWire exclusive columnist Craig Rowe explores how agents are using AI tools to automate MLS workflows, in many cases against MLS bylaws.
Existing home sales, housing inventory rise in September
Sales were lower year-over-year in all four regions
3 transit leaders explain how they fund major projects
Chicago, New York and Seattle transit leaders outlined their solutions to revenue shortfalls, legal challenges and inflationary pressures at an American Public Transportation Association conference.
The University of Colorado Anschutz Receives The Largest Federal Research Award in Campus History, Up to $120 Million, to Advance New Treatments and Diagnostics for Severe Hemorrhage
DARPA Award makes CU Anschutz a key external research site in first-of-its-kind effort to evaluate emerging technologies and novel therapeutics for human clinical trials and FDA review AURORA, Colo., Oct. 13, 2026 /PR…
SUBSCRIBE Launches 1031 DST Exchange Transaction Platform
The technology solution combines digital workflows and critical property data to support financial advisors engaged in 1031 DST exchange transactions from start to finish. The platform also centralizes over 40 DST off…
Highline Hospitality Partners Acquires Courtyard by Marriott Pittsburgh North/Cranberry Woods
Highline Hospitality Partners acquires its 23rd hotel, a 125-room Courtyard by Marriott in Cranberry Township, PA, bringing it under common ownership with the adjacent Pittsburgh Marriott North.