MIAMI-Lennar Corp. reports earnings of $324.7 million during the second quarter. Lennar predicts that homebuilding will remain strong over the long term due to favorable demographics and high employment.

ATLANTA-Colonial Properties Trust buys the Summer Ridge apartment, located in the Duluth/Gwinnett submarket of the city, which has improved.

ATLANTA-Colonial Properties Trust buys the Summer Ridge apartment, located in the Duluth/Gwinnett submarket of the city, which has improved.

JACKSONVILLE-As a result of job growth, retail sales are projected to increase 5.4% as incomes rise and the number of households rise.

HOLLYWOOD, FL-Unlike the first phase of the multifamily development, which contained condominiums, the second phase will include townhomes, lofts and work/live lofts.

PORT ST. LUCIE, FL-The Shoppes at Veranda Falls, expected to open in the second quarter of 2007, will be anchored by a 45,000-sf Publix supermarket.

EATONTON, GA-Place Properties begins construction on the 114-unit South Bay at Lake Oconee. The project is expected to be completed in the spring.

EATONTON, GA-Place Properties begins construction on the 114-unit South Bay at Lake Oconee. The project is expected to be completed in the spring.