Miami

Harbor Group International paid a total of $64 million for the 314-unit garden apartment property, according to Berkadia, which arranged the acquisition loan from a major insurance company for the buyer.

Vacancy rates in the South Florida retail market have stayed around 3%-4% consistently for the past three years, even with rental rates reaching historic highs.

FH Quantum, LLC acquired 3301 Quantum Blvd. in December 2017 from Aetna Life Insurance Co. and is now investing in capital improvements, including a new roof, new HVAC system and upgrades to site landscaping and the surface parking areas, according to C&W.

The largest transaction thus far for Fund II is a $40-million first priority mortgage for the redevelopment of the former Highland Park Mill, a 150,000-square-foot mixed-use property in Charlotte, NC.

The proposed hotel would total up to 250 guest suites and would also feature a pool, meeting space, and other amenities.

Avison Young identified Florida for the service line expansion in response to the Capital Market Group's rapid transaction volume growth and growing client demand for valuation portfolio management, development consulting, partnerships and resolution and litigation support, company officials state.