The Consent Decree, which is subject to the review and approval of the court, requires the appointment of a federal monitor and requires the city, to provide $1.2 billion of additional capital funding to NYCHA over the next five years, and $200 million every year thereafter until the problems are fixed.

The designation made during the conference of mayors' 86th annual meeting in Boston stems from Tampa's first place finish in its 39th annual City Livability Awards Program. The city of Broken Arrow, OK, earned the top spot in the small cities category.

The purchase of Royal Isles brings FCP's multifamily portfolio in Florida to more than 2,000 units.

The nearly $165-million debt restructuring puts to rest, according to Madison Realty Capital, litigation between Eichner's Continuum and equity investors in the luxury condo tower at 45 East 22nd St.—Fortress Investment and Dune Real Estate Partners.

Although property owners may be inclined to jump at the opportunity to boost their revenues, owners should fully understand all of the deal terms and the potential risks of entering into these kinds of arrangements, he stressed.

The 894-bed Retreat at Orlando student housing complex was sold by a subsidiary of Inland Private Capital on behalf of one of its 1031 investment programs to Preferred Apartment Communities of Atlanta. PAC acquired the property through its wholly-owned subsidiary Preferred Campus Communities, LLC.

The hotel will be located at 201 North Flagler Drive along the Intercoastal in Downtown West Palm Beach and will be situated within a 435,000-square-foot, mixed-use lifestyle project s being developed by Navarro Lowery Properties.

The deal announced today between NextEra Energy of Juno Beach, FL and Southern Co. of Atlanta includes the assumption of $1.4 billion of Gulf Power debt.