NORTH BERGEN, NJ-Palisades Medical Center has received approvals for a $20-million office building here. Hospital officials are hopeful construction can begin this spring on the project, according to a report in The Record.

NEWARK, NJ-With the House of Representatives passing the first $9.7 billion in Hurricane Sandy relief last week, the big question remains whether the remaining $51 billion in expected funding will be approved later this month, a Star Ledger report states.

NEW YORK CITY-TIAA-CREF has acquired 1511 Third Ave. from Related Companies for $60 million, according to a report in the Commercial Observer.

NEW YORK CITY – Trepp LLC reports the U.S. CMBS delinquency rate stayed the same in December from a month earlier at 9.71%.

ROSWELL, GA-General Motors Co. has acquired a United Parcel Service building here for $18.5 million, according to a report in the Atlanta Business Chronicle.

MIAMI-After having reversed six straight years of construction starts declines in 2012, the outlook for construction this year in Miami-Dade is cautiously optimistic, according to a report in The Miami Herald.

BALTIMORE-When the state General Assembly goes into session this week, expect city officials to lobby hard for millions of dollars in much needed funds to repair dilapidated school buildings.

OAK BROOK, IL-A joint venture of Inland Diversified Real Estate Trust and Territory Inc. acquired the majority interest in six retail properties in Las Vegas for approximately $296.3 million.