TAMPA, FL-The Coconut Cove Boutique Hotel will be the first all-suites hotel in Clearwater Beach when it opens in July.

ATLANTA-Max Peek, vice president of acquisitions for Waterton Residential, tells GlobeSt.com's Jennifer LeClaire the deal included $21 million worth of bonds.

TALLAHASSEE, FL-HFF placed a $17.8 million financing with Freddie Mac for Delaney Park at Southwood, a 248-unit, class A multihousing community in Tallahassee.

FORT LAUDERDALE, FL-An investment property leased to Blue Cross/Blue Shield of Florida on a long-term triple net basis has traded for $4.8 million.

MIAMI-Eric Groffman, senior vice president of Transwestern, tells GlobeSt.com's Jennifer LeClaire that the tenant base is a testament to the building's quality.

MIAMI-Franklin Street hired two brokers and promoted a CFO from within.

MIAMI-Bilzin Sumberg Partner Adam Lustig tells GlobeSt.com's Jennifer LeClaire that trading remains a challenge in the market where financing is still difficult.

ATLANTA-The project is slated to be complete by mid-summer 2012 and ready for student occupancy by fall 2012.