BRADENTON, FL-Through a joint venture, American Retirement Corp. acquires the Freedom Village of Bradenton. It will manage the independent living apartments and lease the assisted living and skilled nursing facilities from the joint venture.

CLEVELAND-During the company's first quarter, retail leads all property types at Forest City with a 7% jump year-over-year in net operating income.

CLEVELAND-During the company's first quarter, retail leads all property types at Forest City with a 7% jump year-over-year in net operating income. However, Forest City's rental-residential occupancies made the greatest leap, from 93% to 94.8%.

ST. PETERSBURG, FL-With plans to turn the 163-unit garden-style 5th Avenue apartment complex into condos, developers purchase the property for $16.5 million. The property, which was built in 1969, recently underwent a gut renovation.