MIAMI-Carolina Rainer is selling 6000 Indian Creek, a 25-story, ultra-luxury condominium tower with 35 units, and Terra Beachside Villas, planned for 117 two-story urban townhomes. The Miami Beach projects will be developed across the street from each other.

BROOKLYN HEIGHTS, NY-One of the last remaining pre-war elevator apartment buildings that wasn't converted into condominium space has been sold for $15.6 million.

MIAMI-The 15-story, 226-unit luxury condominium project here has been completed, and a temporary certificate of occupancy has been issued. Buyers are moving in to the condominium tower, which markets itself as an affordable ownership option with units starting at $166,000.

DALLAS-A Tempe, AZ investment group closes the second of three multifamily acquisitions by taking over the majority of Cliffbrook Condominiums in Dallas. Lehman Brothers again provides the capital.