The transaction with Lone Star Funds increases Kushner's multifamily portfolio to approximately 22,000.

The company plans to establish a new launch and manufacturing facility that will give Firefly the capability to locally manufacture, test and launch rockets delivering commercial payloads.

The city in releasing the RFP is hopeful that the sale of the 18 acres will result in the development of mixed-use, residential or office and or hospitality and retail development on the site.

The 2018 visitor total marked the eighth consecutive record year for tourism visitation in Florida, according to VISIT FLORIDA. Last year's visitation level surpassed the previous record of 118.8 million posted in 2017 by 6.2%.

For the full year, total private-sector jobs were up by 74,200 positions or 1.9% in 2018, marking the ninth consecutive year of positive job creation and the longest period of job gains on record.

The Series D funding round was led by SoftBank Vision Fund with participation from Sequoia, Atomico, GV, Fifth Wall and Four Rivers.

The mid-rise Pearl Flagler Village project, developed by MORGAN and institutional investors advised by J.P. Morgan Asset Management, includes 12 studios, 238 one-bedroom, 80 two-bedroom and 20 three-bedroom units.

The firm states that its MVP Fund will focus on middle market real estate-based investments including joint ventures, active or passive investments, urban infill development projects, income producing properties and substantial value-added renovations including historic properties.