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Previous CEO of Ares Commercial Real Estate Corp., Jamie Henderson will join the firm as EVP in 2020.

The Atlantic Cypress Creek transaction breaks down to $245,000 per unit.

The Netherlands-based hotel brand is building a 12-story, 351-key hotel at the mammoth mixed-use project.

"Northerners and other homebuyers are not just purchasing second homes; they are bringing businesses and moving here full time," says MIAMI Chairman of the Board José María Serrano.

At Douglas Hall, the project will include building envelope stabilization, and structural, infrastructure and technology capital improvements that will support the new nursing simulation laboratory within Douglas Hall.

The project, which is scheduled to be completed in November 2020, has already secured a 130,000-square-foot lease with global private market asset management firm Hamilton Lane, which will begin occupancy of its space at the property in 2021.

The new mixed-use project will feature a host of on-site tenant amenities, including an elevated outdoor courtyard with gardens and a sun balcony, a 1,500-square-foot fitness center and a resident lounge.

American Water also announced it had reached an agreement to sell its Keystone Clearwater Solutions operations of Hershey, PA to SC Water LLC, a College Station, PA-based natural gas and oil industry investment group.