MIAMI-Banc of America Securities of Winter Park was the underwriter of the bond. Approximately 20 US institutional investors purchased the tax-free municipal bond, to be repaid with property taxes and an assessment to condo residents at the 26-acre mixed-use project.

RIVIERA BEACH, FL-Catalfumo Construction and Development Inc. bought the nine-acre property here from Ocean Land Investments, which has a minority participation in the planned project. The developers expect to break ground next year on the two 25-story towers, one a condo building and the other a condo-hotel.

BOCA RATON, FL-In the deals, brokered by the Prakas Group Inc., Proneo Inc. paid $285,000 for a 4,000-sf Grinders Hot Oven Grill restaurant and Long Boca LLC paid $125,000 for a 2,900-sf Intermezzo Café.

MIAMI-Former local Cushman & Wakefield brokers Peter R. Harrison and Darryl Robinson are leading transaction management for the company in the city. Michael Griffith, formerly with CB Richard Ellis in Dallas, also has joined the new office.

FORT LAUDERDALE, FL-The firm is taking 11,626 sf for 10 years at Bank of America Plaza at Las Olas City Centre Downtown. The company plans to move about 70 people to the location in the fall.

CORAL GABLES, FL-The company paid $15 million, or about 34.66 per sf, for the vacant, three-story property built in 1989. Initial plans for a retail and residential project were scrapped, and currently, strictly retail space is planned.

MIAMI-The funding, which JP Morgan Chase provided for LKS Associates LP, an affiliate of Loeb Partners Realty LLC, was for the 181,923-net-rentable-sf Kendall Value Center and the 81,998-net-rentable-sf Sunset Strip Shopping Center.

AVENTURA, FL-The new owner, Advenir Inc., plans to convert the class A office space into office condominiums ranging from 1,000 sf to 10,000 sf. KA Adventura LC sold the property for about $194.95 per sf.