MIAMI-Colonial Properties Trust sells the 235,000-sf Colonial Bank Centre office building for $62.4 million and uses the proceeds to acquire a 498-unit apartment complex in Kennesaw, GA.

MIAMI-Colonial Properties Trust sells the 235,000-sf Colonial Bank Centre office building for $62.4 million and uses the proceeds to acquire a 498-unit apartment complex in Kennesaw, GA.

ATLANTA-Highland Hospitality Corp. enters into an agreement to acquire the 444-room Ritz-Carlton Atlanta Downtown hotel with plans to spend approximately $20,000 per key for guest room upgrades.

ATLANTA-Highland Hospitality Corp. enters into an agreement to acquire the 444-room Ritz-Carlton Atlanta Downtown hotel with plans to spend approximately $20,000 per key for guest room upgrades.

MIAMI-The Irvine, CA-based firm aligns with locally based New Miami Realty Corp. as part of its national expansion program. The company has grown from nine markets to approximately 150 in four years.

MIAMI-The Irvine, CA-based firm aligns with locally based New Miami Realty Corp. as part of its national expansion program. The company has grown from nine markets to approximately 150 in four years.

ALPHARETTA, GA-Locally based ABG Development LLC acquires the assets of Norcross-based Vintage Homes Georgia LLC, a company once owned by Ron Morgan who joined ABG in 2003.

CHARLOTTE, NC-Atlanta-based developer Meadows & Ohly LLC receives nearly $97.58 million for the $121.7-million acquisition of a medical office portfolio from Novant Health.