Multi-family Housing
Vitus Group Opens $60M Project
KAILUA-KONA, HI-Several months ahead of schedule, the company completes the final phase of Lokahi Apartments, a new 306-unit, affordable rental community here.
Kennedy Wilson JV Buys 400 Units for $82M
OXNARD, CA-The Beverly Hills-based company, RECP/Urban Partners and Capri Capital Partners acquire the Serenade apartment complex for $81.5 million.
$580M Manchester Hyatt Deal Off for Now
SAN CLEMENTE, CA-Locally based Sunstone Investors was reported to be negotiating to acquire the 1,625-room Hyatt Manchester San Diego, but talks are off for now.
BlackRock Tapped to Judge CMBS Risk
NEW YORK CITY-The investment management firm will help the National Association of Insurance Commissioners evaluate potential losses from insurers CMBS holdings.
Harkins Finds Orlando Medical Office Niche
ORLANDO-Harkins Commercial inked five medical office leases and two medical office sales worth $2.5 million in August--and has four upcoming transactions in this niche.
Baird Back Covering Industrial at HFF
DALLAS-Randy Baird, a managing partner with investment firm Baird Fitzgerald Partners, has joined Holliday Fenoglio Fowler LP as a senior managing director.
National Industrial Flat Until Mid-2011
CHICAGO-Jones Lang LaSalle says the rest of the year will see industrial leasing pace slow down from the activity of the first half.
Mariner Takes Stake in $760M FDIC Portfolio
WASHINGTON, DC-This is the fourth structured sale Greenberg Traurig has handled, for a total of $3 billion.
NAI Hanson Nets Newark Lease Assignment
NEWARK-The firm has been tapped to market the near-7,000-square-foot office building here.
Johnson Capital Launches Vegas Office
LAS VEGAS-The Irvine, CA-based company hires Scott Monroe as senior vice president to lead the companys growth in this market.
Alexandria Buys Three Buildings in San Diego
SAN DIEGO-Experts have announced purchase of three life sciences properties in San Diego by Pasadena-based Alexandria Real Estate Equities Inc.
Brightstar Moves Distribution Center to 65,000-SF Facility
MIAMI-Brightstar Corp., the Miami-based mobile device distribution specialist, has shifted its Latin American/Caribbean distribution center from a 45,000-square-foot building into a larger facility that measures 65,000 square feet.
Developers Want to Lure More National Retailers
NEW YORK CITY-The civic groups and Community Boards are in the urge of revising the policies of restricting national retailers.
Omnicom Group, TIAA-CREF to Lease Spaces
NEW YORK CITY-A media company, Omnicom Group Inc. is in talks with a retirement system to lease a larger space in East Side office tower.
Nearly Vacant Specialty Retail Center Sells for $7M
CORAL SPRINGS, FL-Despite 31% occupancy, Design Row, a strip center targeting furniture retailers, sold for $7.25 million.

