Hammon tells Globest.com that it is currently vying for several possible acquisitions. In addition, the new Related division is exploring possible purchases in Florida and Atlanta.

The $400 million in upgrades will be made possible through the HUD's Rental Assistance Demonstration program, which converts apartments' funding to the Section 8 program.

Jefferson Lighthouse Place, built in 2015, is currently 94% occupied. HGI reports it plans to spend an additional $850,000 on capital improvements at the property located at 4411 North Federal Highway.

Key International and Ingtegra acquired the 3.2-acre property at 725 S. Ocean Blvd. last summer from an affiliate of Blackstone. The Key International executive says he hopes to begin construction on the $85-million, four-story project by the end of 2019.

Once the project is completed in 2020, the distillery will produce premium spirits including whiskey, bourbon, gin, brandy and vodka. The company reports the project will create 102 new jobs over five years.

The financing provided by Rialto Capital Management will help pay for tenant allowances and landlord work associated with newly signed restaurant leases, along with the costs of leasing remaining vacancy at its Wynwood properties.

Gov. Scott said the FDOT has issued a Request for Proposals for those interested in leasing FDOT and Central Florida Expressway Authority owned right of way to establish a privately-funded high-speed rail service between Orlando and Tampa.

Berkadia officials note the greater population of Gainesville is forecast to grow 4.6% by 2022, reaching almost 300,000 residents, and point out that approximately 35% of metro Gainesville's residents are in the prime renter age group of 18-35 years old.