The top five job producing markets in Florida in April were: Orlando, Tampa, Jacksonville, Miami and Fort Lauderdale.

The Florida Realtors trade group reports that sales of single-family homes in the first quarter fell slightly by 0.9% with a statewide total of 60,204 transactions. The median statewide single-family home price at the end of the first quarter was $248,000, up 9.7% from the first quarter of 2017.

The closing on the sale of the Renaissance Tampa International Hotel is expected in the second quarter and will complete a reverse 1031 exchange initiated to acquire the Ritz-Carlton Sarasota in April for approximately $171 million.

Once the expansion is complete, the Gulf Coast Medical Center's bed capacity will increase from 356 to 624.