ALTAMONTE SPRINGS, FL-The Bank of Birmingham is providing a $5.66-million development loan to Ram Development Co. of Palm Beach Gardens for a $6.7-million, 1.67-acre project off State Road 434.

LA GRANGE, GA-McCarthy Building Cos. of Atlanta is the project's construction manager; the Washington, DC architectural firm of Ellerbe Becket is the project architect; and KLMK Group of Richmond, VA is the program manager.

PANAMA CITY, FL-The deadline for submitting bids is Feb. 7. The Panama City-Bay County Airport and Industrial District says it plans to use the proceeds from the land sale to build a new airport on land to be donated by the St. Joe Co. of Jacksonville.

ALTAMONTE SPRINGS, FL-James P. Michalak, the senior director of the Capital Markets Group in the Tampa office of Cushman & Wakefield of Florida Inc., brokers the $19.5-million sale of the 93%-leased retail property at 995 State Road 434.

ALTAMONTE SPRINGS, FL-James P. Michalak, the senior director of the Capital Markets Group in the Tampa office of Cushman & Wakefield of Florida Inc., brokers the $19.5-million sale of the 93%-leased retail property at 995 State Road 434.

ALTAMONTE SPRINGS, FL-James P. Michalak, the senior director of the Capital Markets Group in the Tampa office of Cushman & Wakefield of Florida Inc., brokers the $19.5-million sale of the 93%-leased retail property at 995 State Road 434.

ATLANTA-Locally based Phoenix Family Partners Inc. pays HPTWN Properties Trust about $24,476 per unit and plans to raze the property to develop a mixed-use commercial community on the three-acre site.

ATLANTA-The $2.8-million Townhomes at South Park Lofts venture is creating its own niche five miles east of Downtown and immediately south of Inman Park, developer Tim Hartigan tells GlobeSt.com. The project is slated for completion at the end of this month.