MIAMI-The national luxury apartment company is planning to focus significantly more on that market. Summit plans to spend $175 million to $195 million in Southeast Florida, as well as Washington, DC.

MIAMI-The South Florida developer plans to start the 237-unit, luxury apartment community, Fairview Forest Signature Apartment Homes, in January and finish in late summer. The estimated project cost is $25 million.

MIAMI-The Boca Raton, FL-based luxury multifamily real estate company, anticipates fourth quarter funds from operations (FFO) to exceed first-call consensus estimates by three cents to four cents per diluted share.

MIAMI BEACH-The locally-based company, Fifteen Asset Management LLC, is an affiliate of Fifteen Group LLC. The new company has taken over management of more than 14,000 total multifamily units in 46 communities in 10 states.

MIAMI-Gloria Alexander's previous experience with luxury residential sales includes work for Toll Bros. in South Florida. The 259 units planned for the 610 Clematis development are pre-construction priced from $180,000.

MIAMI-The patio enclosure manufacturer sold a 71,250-sf building to Case Holding Co. for $2.4 million. It also purchased 10.31 acres of land from Lyons Tech II LLC for $2.47 million and plans to construct a 200,000-sf build-to-suit-for-purchase facility there for $6 million.

MIAMI-Two of the three communities, which are all in the very early planning stages, are joint-venture projects with Swerdlow Real Estate Group. The projects will include more than 1,200 units total.

MIAMI-Bennett, who owns his own company--Real Estate Investment Strategies--specializes in the sale of offices and land and is expanding into multifamily properties in South Florida. He will operate as an independent broker and affiliate of Sperry Van Ness.