MIAMI-Demolition of Kendall Town & Country Center is planned for January under a $70-million redevelopment plan that calls for 700,000 sf of new commercial space.

ATLANTA-As part of efforts to restructure the company's portfolio, Lodgian Inc. is planning to sell 27 of the 71 hotels currently in its portfolio.

ATLANTA-As part of efforts to restructure the company's portfolio, Lodgian Inc. is planning to sell 27 of the 71 hotels currently in its portfolio.

ORLANDO-Locally based Unicorp acquires the 82,026-sf Goodings Plaza for $22 million from BP-RP Universal LLP, an affiliate of Los Angeles-based RP Properties. The deal carried a 6.5% cap rate.

ATLANTA-Greystar and GE Capital purchase the Tiburon at Buckhead apartment community for $30.7 million. Under land use restriction, the property cannot be converted to condominiums.

ATLANTA-Greystar and GE Capital purchase the Tiburon at Buckhead apartment community for $30.7 million. Under land use restriction, the property cannot be converted to condominiums.

NORTH MIAMI BEACH-The locally based shopping center REIT reports $14.1 million in net income for the third quarter, which compares to $28 million for third quarter 2005.

ORLANDO-One Trustreet Properties Inc. analyst from Cantor Fitzgerald gives high marks to the company's agreement to be acquired by GE Capital Solutions, called it positive for the company and its shareholders.