Miami

The prolific multifamily developer Estate Cos. is building the eight-story, 240-unit Soleste Spring Gardens south of the Dolphin Expressway near the Miami River.

The coronavirus hit to investment sales is evident as some real estate asset classes lost more than half of their transaction value in the first half of the year compared with the same time last year.

A real estate developer is moving its Brickell office to the new One Cocowalk office building, and the second story of the shuttered Gap store is being converted into offices.

Office leasing veteran, Paul Marko will serve and advise office occupiers throughout the region on behalf of the firm.

David Kern has been appointed to grow Foundry Commercial's business within the Tampa area as market leader.

The biggest transaction is the purchase of the Aviah Flagler Village apartments in Fort Lauderdale by a Hialeah-based group for more than $67.5 million.

The transaction includes the sale of two adjacent properties for $8.64 million, bringing the total deal to nearly $90 million.

HUD provided a $30 million loan that was arranged by Greystone.