Multifamily real estate company Robbins Electra expects to spend about $1 billion this year on acquisitions of apartment properties, including one in the Hammocks community in southwest Miami-Dade County. “We’ll be announcing that closing in mid-May, and we will be doing a full renovation to upgrade the property,” Joseph Lubeck, CEO and co-manager of Robbins Electra, told The Real Deal. The property, which he declined to name, is “a very substantial asset that we’re buying ... [more]