ORLANDO—“This was a challenging transaction, given that the property is in a tertiary market and is comprised of 10 unique buildings with varying amenities and specifications.

NEW YORK CITY—The industry veteran has been with the firm for more than three decades.

NEW YORK CITY—The median price for a Manhattan residential property in the third quarter shattered all previous records, breaking the $1-million threshold at $1.04 million.

CHICAGO—The fate of Lovell's, a renowned fine dining establishment in suburban Chicago, shows that designers will need to be more creative to keep costs down so that these restaurants can enjoy a more regular customer base, says Lee & Associates' Rick Scardino.