BALTIMORE, MD-Lakewood Apartments, the 393-unit multi-building residential complex in the center of the city, gets refinanced to the tune of $9.7 million. Property owner The Lightstone Group attained the financing package through Deutsche Bank at a 7% interest rate.

SUNNY ISLES BEACH, FL-New York real estate tycoon Donald Trump leant his name to the $600 million Trump Grande Ocean Resort and Residences being developed by Dezer Development for a $4 million fee, but now he's ready to become a full-fledged partner in the project.

FORT MYERS, FL-The $30 million reconstruction of the 270,000-sf Lee County Justice Center will begin in August, and Centex Rooney Construction Company has been chosen to head up the project. Completion of the new multi-part structure is scheduled for no later than 2005.

BOCA RATON, FL-Sensormatic Electronics Corp.'s former 150,000-sf headquarters sells to Atlanta, GA-based Songy Partners Limited and Boston, MA's Charlesbank Capital Partners for a reported bargain-basement price of $9.5 million.

FT. LAUDERDALE-The Ft. Lauderdale City Commission gives the thumbs-up for the proposed $150 million LightSpeed Broward Center mixed-use complex, moving the development one small step closer to realization.

WESLEY CHAPEL, FL-The Pasco County Commission has just given the go ahead for the proposed Cypress Creek development, a multi-faceted project that would bring a hotel, office space, retail space and residential units to the largely undeveloped area.

CORAL GABLES, FL-Deerfield Beach, FL-based contracting and design firm RCC Associates takes on the build out of three upscale retailers to open in the $276 million Village of Merrick Park shopping center.

WASHINGTON, DC-Global architectural and engineering firm URS Corp. reveals its Standard Embassy Design, as commissioned by the US Department of State. The "prototype" is intended to serve as a guideline for new embassies being built around the world.