Miami

ORLANDO-The subprime problems are threefold--a lax approach to credit, inadequate underwriting and bad pricing. However, industry insiders say banks are still lending.

FORT MYERS, FL-Songy Partners is building the first two office buildings within the seven-building, 460,584-sf Forum Corporate Park.

MIAMI-UPS Supply Chain Solutions signs an 84,560-sf lease, bringing the occupancy level at Miami Cargo Park to 20%.

MIAMI-Lennar continues to feel the impact of the soft housing market with revenues down 44% for the quarter.

MIAMI-The Congress Group acquires 999 Brickell Ave., which has future development potential for office, residential or hotel space.

GAINESVILLE, FL-With a construction loan from SunTrust Banks Inc., the first phase of the Bartram project is expected to open in May 2008.

BRADENTON, FL-Klingbeil Capital Management paid approximately $42,307 per unit to Tarragon Realty Investors Inc. for the 10-building complex near Sarasota. The property was 90% occupied at the closing of the sale.

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.