FORT LAUDERDALE, FL-The chief executive officer of the locally based air-cargo carrier is joining H.I.G. Capital in an equity partnership that is contributing $3 million to calm creditor claims in a voluntary bankruptcy filing.

DEERFIELD BEACH, FL-Andre Apicella, a former leasing consultant for Summit Properties Inc. of Charlotte and Olawale "Wally" Okegbola, a real estate analyst with Miami-based Pyramid Realty Group, will beef up the 14-year-old firm's investment brokerage division. Deerfield Beach is 42 miles north of Miami.

BOCA RATON, FL-The locally based manufacturer of building materials and systems is partnering with the Salinas Developers Group to construct a $340 million-affordable housing development.

FORT LAUDERDALE, FL-It is uncertain whether the locally based air cargo carrier, which is reorganizing under Chapter 11 of U.S. Bankruptcy Code, intends to assume or reject the lease it owns on a 182,915-sf industrial site near Miami International Airport.

LABELLE, FL-The locally based agribusiness and land-holding company advises shareholders it won't comment about the stock-valuation methods cited in a proposed settlement in a family dispute involving Ben Hill Griffin III, the company's chairman.

NAPLES, FL-The locally based hospital company has signed a definitive agreement to acquire an 88-bed acute-care facility for an undisclosed price in Lehigh Acres, 46 north of Naples and 163 miles northwest of Miami.

BOCA RATON, FL-The locally based company posted a 181% increase in net losses and a 10.6% decrease in total revenue for the second quarter ended June 30. The firm owns and operates 14 hotels.

PEMBROKE PINES, FL-The development group that constructed the 30-acre Boulevard Square Mall, in this Broward County community 21 miles north of Miami, is amending its plat to allow 1.1 acres of excess land for use as a 100,000-sf mini-storage warehouse.