Orlando

Axonic Properties LLC acquired the 517-unit asset in St. Petersburg, FL and plans to implement significant improvements at the property.

T2 Capital Management has converted two hotels in Kissimmee, Florida, into workforce housing, and it is planning to tackle similar projects throughout the US.

The company has agreed to purchase five South Florida general acute hospitals and Steward Health Care System will acquire the operations of the facilities.

The apartment investor entered Fort Myers with the purchase of Park Place Apartments, a 388-unit complex, for $44.5 million.

The sale of the 259,458-SF Pinnacle Corporate Park represents the highest price per-square-foot sale within the Cypress Creek submarket in the past decade.

Savills has hired Michael Fisher and Robert Teachey to oversee business development, transaction management and tenant representation.

PEBB Enterprises and Banyan Development plan to acquire 15 acres of land for the grocery-anchored project within a master-planned community in Port St. Lucie, FL.

The multifamily developer currently has 5,500 units under construction with a focus on southeast and southwest markets.