PHILADELPHIA-The Houston developer will break ground in University City in September for a 295-unit rental multifamily property with 26,000 sf of retail space and a 320-vehicle garage. Rents will range from $1,400 to $3,300 a month.

JENKINTOWN, PA-The financial REIT signs formulated price contracts with R-G Crown Bank, U.S. Century Bank and Coast Financial Holdings for a one-year term. It agrees to buy, under an appraisal formula, all branches the banks intend to vacate.

JENKINTOWN, PA-The financial REIT signs formulated price contracts with R-G Crown Bank, U.S. Century Bank and Coast Financial Holdings for a one-year term. It agrees to buy, under an appraisal formula, all branches the banks intend to vacate.

BOCA RATON, FL-After investigating options, including build-to-suits, Tyco Fire & Security renews as the sole tenant in the 10-story class A office building here in a lease valued in excess of $50 million.

BOCA RATON, FL-After investigating options, including build-to-suits, Tyco Fire & Security renews as the sole tenant in the 10-story class A office building here in a lease valued in excess of $50 million.

PHILADELPHIA-The locally based owner places the 22-story, 213,000-sf office property at 230 S. Broad on the market. The asking price is not disclosed. A Center City office broker tells GlobeSt.com it could command over $20 million.

BAL HARBOUR, FL-The hotelier's current Sheraton Bal Harbour will be demolished in June 2006 to make way for the partners' planned St. Regis Resort & Residences containing 340 residential condos and 300 condominium hotel units.

BAL HARBOUR, FL-The hotelier's current Sheraton Bal Harbour will be demolished in June 2006 to make way for the partners' planned St. Regis Resort & Residences containing 340 residential condos and 300 condominium hotel units.