MEMPHIS—The borrower wanted to purchase and reposition an agency foreclosure property that was part of an underperforming portfolio,. Getting a bridge to agency loan in place was challenging.

CHARLOTTE, NC—By keeping the current management in place, the buyer maintained a relationship with the university to continue the master lease and eliminate lease-up risk. Get all the details.

MIAMI—Hotel transaction activity and development is set to pick up as investors seek new opportunities in the global hospitality sector over the next 12 months. Find out what else E&Y is predicting.

ATLANTA—The asset was gifted to a local university three years ago and subsequently rents were never raised and capital maintenance items were allowed to mount.

MIAMI, FL—Michael Capponi, a Miami-based construction mogul and hospitality industry savant, has joined the development team of Costa Hollywood Condominium Resort in Hollywood Beach. What does it mean?

MIAMI—Miami experienced the largest quarter-over-quarter decline in office vacancy of all the major US markets, shedding 80 bps to arrive at 16.6%.

MIAMI—Four hotels saw a flood of financing in the last weeks of the year. Get all the details.

TAMPA, FL—Tom Dyer has left DTZ to join CBRE. Find out what he brings to the commercial real estate behemoth's table.