Hurricane season is here, Florida's next big storm is just a matter of time and a new assignment of benefits law spells a major wind change for homeowners, contractors and insurance companies. What will it look like?

The 2,615 units in six cities represent Investcorp's largest US real estate portfolio acquisition in the last decade.

The 176-unit garden style multifamily development was sold by Nashville-based Carter-Haston. The deal for the property in Tampa's Bayshore submarket calculated out to a trade of $149,148 per unit.

The New York-based company, Lafayette Communities, is launching its first single-family development, 51 detached homes, in Tampa, FL in June.