ORLANDO-Buyers of independent living facilities can still realize a cash-on-cash return on equity of between 10% to 15%, and a return of 20% to 30% on an equity-yield basis, Bradford L. Johnson, managing director/principal, Integra Tampa Bay, Tampa, FL, tells GlobeSt.com.

TAMPA, FL-Post Properties Inc. has broken ground on the third, 259-unit phase of Post Harbour Place on Harbour Island at an estimated build-out cost of $35 million or $135,135 per unit. Tampa is 80 miles west of Downtown Orlando.

ATLANTA-Windsor Hospitality Group of Los Angeles has opened the $18 million, 150-suite Embassy Suites Atlanta-Alpharetta, 30 miles north of Downtown. Extended Stay America Inc. of Spartanburg, SC is introducing a 104-room, three-story efficiency studios hotel built at an estimated hard construction cost of $12.5 million in Savannah, GA, 200 miles southeast of Downtown.

ATLANTA-The world's largest home improvement retailer is contracting with the Atlanta office of Trammell Crow Co. for help in developing new distribution center sites nationwide. The value of the contract wasn't disclosed. The site search is part of Home Depot's $150 million restructuring program of its inventory-delivering system.

ATLANTA-The Florida developer is applying for a county rezoning to build an 11-story, 285,000-sf, class A office structure with an estimated hard construction cost of $43 million at its Glenridge Highlands location in suburban Dunwoody, GA, north of Downtown.

TAMPA, FL-Central Hillsborough County, south of Tampa and the Pasco/Hernando County submarket north of the city outranked all Orlando area submarkets as possible 'buys' in a first half that produced few trophy properties for sale in 27 Central Florida submarkets.

ATLANTA-Grubb & Ellis Co., Ryland Group Inc. and LandSouth Development plan office, retail, multifamily and single-family product in the suburb (Pop. 20,000), five miles west of Downtown.

SANFORD, FL-Kenneth Armstrong, recruited from the Ormond Beach, FL Housing Authority, told HUD officials he couldn't accept their three-month contract at $66,000 per year after the local housing agency had promised a six-month term. Sanford is 30 miles north of Downtown Orlando.