MIAMI-Ronald Schrager has been named COO, Robert Cherry has been appointed chief investment officer, David Team has become president of the U.S. Commercial Property Group, and Mark Griffith was named president of the company's European operations.

FORT LAUDERDALE-Oscar I. Garcia, AIA Architect of Fort Lauderdale, was awarded the contract for the 330-room, multimillion-dollar condominium hotel here. The project should break ground in the first quarter of next year.

RIVIERA BEACH, FL-The Atlanta-based company plans to build a 121-suite, three-story hotel at Military Trail and 45th Street in Riviera Beach, FL. InTown Suites Inc. bought the 2.33 acres from Seymour A. Fine, Trustee, for $565,000.

MIAMI-The nearly 200,000-sf building was finished last week at 5900 NW 97th Ave. in the Airport West submarket. The spec condo development is planned to be sold to multiple buyers.

CORAL SPRINGS, FL-The 14,591-sf drug store development includes the demolition of a former Sizzler restaurant. The store is being developed by Southern Management & Development LP on a 2.5-acre site at University Dr. and Royal Palm Blvd.

MIAMI-Equity One recently opened the 88,111-sf, 86% occupied neighborhood shopping center here. It is anchored by a 44,271-sf Publix supermarket and a Kentucky Fried Chicken restaurant is scheduled to open in one of the outparcels in July.

NORTH MIAMI BEACH-The figure increased from $10.7 million in first quarter 2002 to $17.3 million in the same period this year. Net income decreased from $13.3 million to $12.3 million from the 2002 quarter to the 2003 quarter, while total revenue climbed 49.9%.

FORT LAUDERDALE-The construction loan is through Fidelity Federal Bank & Trust. The $20 million downtown loft condominium project here will feature 107 units on 11 floors and a three-story parking garage.