MIAMI-Lincoln Place, a class A office building, sells to the Andalex Group. This is the company's first acquisition in Florida.

MIAMI-Lincoln Place, a class A office building, sells to the Andalex Group. This is the company's first acquisition in Florida.

ORLANDO-Equity Inns Inc. buys its fourth hotel in the area with the $28-million acquisition of the 246-suite Embassy Suites/International Drive.

ORLANDO-Equity Inns Inc. buys its fourth hotel in the area with the $28-million acquisition of the 246-suite Embassy Suites/International Drive.

ATLANTA-The Lynd Co. enters the multifamily market with the $46.3-million acquisition of Magnolia at Sandy Springs and Ashley Mills. The company plans to acquire $850 million in multifamily properties throughout the southeast and southwest over the next two to three years.

ATLANTA-The Lynd Co. enters the multifamily market with the $46.3-million acquisition of Magnolia at Sandy Springs and Ashley Mills. The company plans to acquire $850 million in multifamily properties throughout the southeast and southwest over the next two to three years.

NAPLES, FL-New York-based America First Apartment Investors Inc. sells the 162-unit Belvedere Apartments to a condo converter for $23.2 million. The REIT plans to offset taxable gains from the sale with future multifamily acquisitions.

MIAMI-Demand for space in the city's Airport West-Dade submarket continues to be strong with the signing of two office leases totaling 19,000 sf. Many tenants are considering the submarket as a lower cost alternative to other areas of the city.