KEY BISCAYNE, FL-The Miami developer pays $60 million for a 50% stake in a new condo resort, which it will construct in August 2006 on the 10.5-acre site now occupied by Sonesta Beach Resort.

PHILADELPHIA-Area representatives of New York-based Meridian Capital Group secure a seven-year loan at an interest rate of 5.125% for Walnut-Chancellor Associates, the owner of the 240,000-sf office building near Rittenhouse Square.

MIAMI-The 15-year-old, 440-unit rental complex that fronts Coral Golf Club's Silver golf course is ripe for conversion to condos and minutes from the locally based buyer's 44-acre Ryder System mixed-use redevelopment.

MIAMI-The 15-year-old, 440-unit rental complex that fronts Coral Golf Club's Silver golf course is ripe for conversion to condos and minutes from the locally based buyer's 44-acre Ryder System mixed-use redevelopment.

CONSHOHOCKEN, PA-Edward Peple III becomes president of the locally based retail real estate brokerage firm. Previously he served as president of ChainLinks Retail Advisors Inc.

DAVIE, FL-With eight new leases totaling approximately 31,823 sf, the in-line portion of Stiles' 275,000-sf shopping center under construction at Stirling Road and University Drive is about half leased along with the 185,000-sf Super Target.

MALVERN, PA-Liberty Property Trust adds seven buildings aggregating more than 1.3 million sf to its portfolio during fourth quarter 2004. They include industrial, distribution and office buildings in Maryland, Illinois, Pennsylvania and Florida.

MALVERN, PA-Liberty Property Trust adds seven buildings aggregating more than 1.3 million sf to its portfolio during fourth quarter 2004. They include industrial, distribution and office buildings in Maryland, Illinois, Pennsylvania and Florida.