ORLANDO-Hollywood Towne House LLC sells the 418-unit Cedar Cove community to 2665 LLC for $40 million or $95,694 per unit. In Tampa, Arbour Ponds Apartments LLC pays Florida Sundance LP $25.5 million for the 338-unit Arbour Ponds Apartments.

PEMBROKE PINES, FL-Shoma pays Northwestern Investment $220,000 a unit for the 31-building complex that was built in 1997 and is 100% leased. Direct-access garages for all units helped ratchet up the price, despite its age, according to a broker involved in the deal.

ST. PETE BEACH, FL-The REIT and RMC Property Group of Tampa pay $28 million for the 138,169-sf Dolphin Village Shopping Center.

MIAMI-Indianapolis-based Bremner Healthcare Real Estate and its joint-venture partner, Duke Realty Corp., strengthen expansion to the South with a new office here. Christie Grays, formerly with Codina, is named business development director for Florida.