BOCA RATON, FL-The multifamily operator, based here, expects net income available to common shareholders to range from $2.02 to $3.08 per diluted share and funds from operations available to common shareholders to be between $2.37 and $2.48 per diluted share.

MIAMI-PS Business Parks LP of Glendale, CA, bought the 3.4 million-sf, 53-building Miami International Commerce Center, which is home mainly to smaller businesses. CB Richard Ellis and the law firm Shutts & Bowen LLP represented Heitman Capital Management LLC, the adviser to the seller, a pension fund.

MIAMI BEACH, FL-The California Public Utilities Commission has delayed its look at LNR/Lennar's merger with California-based the Newhall Land and Farming Co. from Dec. 18 until Jan. 22.

JUPITER, FL-Catalfumo Construction LLC was the general contractor for the $30-million, 83,000-sf facility, developed by RBF LLC. The facility includes a 68,000-sf clubhouse, a 15,000-sf spa and an 18-hole Jack Nicklaus signature golf course.

BOCA RATON, FL-The firm plans to develop a 37-unit, luxury townhome development on four acres here. Units will start at 2,000 sf under air and will be priced from the upper $400,000s. Florida-based BankAtlantic was the lender.

POMPANO BEACH, Fl-The space is located within the Atlantic Business Center here. Details of the deal were not disclosed, but the lease is estimated to be worth at least $1 million.

MIAMI-The 27-story, 142-unit upscale condominium tower, being developed here by SunVest/Hamilton, is set to be completed in late 2005. Units are priced from $275,000 to more than $1 million.

AVENTURA, FL-Matthew MacDonald of Miami, FL-based MacDonald Design & Associates has a project list that includes Ricky Martin's Miami Beach home and executive offices of movie studios. The Venture, developed by the Related Group, will include 500 condominiums and 18,000 sf of retail.