MIAMI—David Lynn, CEO and co-founder of Everest High Income Property, sees plenty of momentum across the commercial real estate board in 2015. But let's get more specific.

LOS ANGELES—After being named CEO last year, Michael Burke sinks into the chairman of the board's seat, following the retirement of John M. Dionisio.

SANTA MONICA, CA—Acting as a sponsor for an unnamed investor, Optimus Properties purchased a 25-unit apartment complex in a highly desirable Santa Monica submarket for $15.56 million.

UNCASVILLE, CT—The seven-story Earth Hotel will add 400 rooms to the tribal complex, with expectations that it will further boost area tourism.