JACKSONVILLE-Parkway Properties Inc. buys a two-building, 180,000-sf office portfolio for $24 million on behalf of a $500-million fund. The buildings are expected to yield a cap rate of 7.1% and an IRR of 12%.

ATLANTA-CharterMac Mortgage Capital provides $33.3 million in financing for the 453-unit Bryson Square at City Park Apartments constructed in 2005. The financing will allow the owners to recapture equity invested in the property when it was acquired in February.

ATLANTA-CharterMac Mortgage Capital provides $33.3 million in financing for the 453-unit Bryson Square at City Park Apartments constructed in 2005. The financing will allow the owners to recapture equity invested in the property when it was acquired in February.

MIAMI-Five leases totaling 14,758 sf were signed following renovations to the ground floor of the landmark Bank of America Tower in Downtown. With the new tenants, the ground floor is 76% leased and the building 94%.

MIAMI-Five leases totaling 14,758 sf were signed following renovations to the ground floor of the landmark Bank of America Tower in Downtown. With the new tenants, the ground floor is 76% leased and the building 94%.

ATLANTA-Locally based Songy Partners Limited sells the Marriott Residence Inn Midtown for $28 million to Los Angeles-based Windsor Capital Group Inc. Songy purchased the once-vacant office building in 2000 with the intent of redeveloping it into a hotel.

ATLANTA-Locally based Songy Partners Limited sells the Marriott Residence Inn Midtown for $28 million to Los Angeles-based Windsor Capital Group Inc. Songy purchased the once-vacant office building in 2000 with the intent of redeveloping it into a hotel.

MIAMI-Tony Cho forms Metro1 Properties, a "mixed-use brokerage" firm that will offer both marketing and real estate services to clients. The company plans to represent clients throughout the city but will focus on the area north of the Performing Arts Center between Biscayne Bay and Interstate 95.