Miami

ORLANDO-The broker team of William Bradford and Tom McFadden branch out on their own with a new company.

JACKSONVILLE, FL-As part of its restructure plan to shift away from being an end-to-end developer, the St. Joe Co. will sell land and eliminate 260 jobs.

PALM BEACH COUNTY, FL-The 114-unit Merry Place project and the 32-unit Midtown Delray project receive funding under a pilot work force housing program.

DEERFIELD BEACH, FL-Sunbelt Marketing Investment Corp. expands from its Georgia base with pact for space at Independence Park.

MIAMI-Preferred Hotels & Resorts will operate and Distinctive Lifestyle will manage the Blue at Doral 240-unit hotel condo project under construction along fairways of Doral Blue Monster.

MIAMI-The condo hotel project includes restoration of the 44-room Sovereign Hotel and construction of a 15-story, 67-unit condominium tower.

GAINESVILLE, FL-Inland American Lodging Corp. buys the University of Florida Hilton Hotel which will be managed by Davidson Hotel Co.

CORAL GABLES, FL-A newly formed sales and marketing firm is setting its sights on developments in Central America, Mexico and the Caribbean.