DANIA, FL-Boyd Gaming Corp. enters the Florida market with the $152.5-million purchase of the Dania Jai Alai facility and 50 acres of land. The company hopes to begin construction of a gaming facility on the site in the first quarter of 2007.

ATLANTA-The deal reflects a growing interest in the Atlanta market for condo conversion projects as multifamily markets in Florida and other areas soften.

ATLANTA-The deal reflects a growing interest in the Atlanta market for condo conversion projects as multifamily markets in Florida and other areas soften.

BAY HARBOR, FL-Developer Eric Harari introduces a hybrid housing concept with the $7-million, two-building Carat development at 1100 and 1120 100th St. The development will combine elements of lofts and townhouses, housing Harari has dubbed townlofts.

ORLANDO-The Florida Association of Realtors reports that statewide condominium sales in April dropped 37% when compared with a year ago. FAR, which has been tracking single-family home sales since 1994, began tracking condominium sales in January.

ATLANTA-For the second year in a row, US hotels have seen double-digit profits, according to locally based PKF Hospitality Research. However, the report also shows that hotels are dealing with costs that are rising at twice the rate of inflation.

MIAMI-Neo Epoch I Ltd. is planning to begin construction in the third quarter on CIMA, a $300-million, 52-story condominium tower on Third Street and South Miami Avenue. The development is part of River Front, which will bring six condominium towers, retail and office space to Downtown.

MIAMI-Neo Epoch I Ltd. is planning to begin construction in the third quarter on CIMA, a $300-million, 52-story condominium tower on Third Street and South Miami Avenue. The development is part of River Front, which will bring six condominium towers, retail and office space to Downtown.