TUCSON-ComAm Management Corp. has sold its second multifamily property in a matter of weeks, the 168-unit Skyline Village, for $21.5 million to PAW Development.

TUCSON-ComAm Management Corp. has sold its second multifamily property in a matter of weeks, the 168-unit Skyline Village, for $21.5 million to PAW Development.

HOUSTON-A REIT specializing in hospitality investments buys a five-property portfolio, totaling 697 units, from a locally based partnership forced into receivership. The investor acquired the properties less than the $52-million asking price.

HOUSTON-A REIT specializing in hospitality investments buys a five-property portfolio, totaling 697 units, from a locally based partnership forced into receivership. The investor acquired the properties less than the $52-million asking price.

DETROIT-Though the area economy continues soft, there are a handful of bright spots, according to a Q3 Trammell Crow MarketScope report. Construction and inventory are up, with vacancy rates and rentals remaining steady.

MESA, AZ-The three-year owner of Fiesta Park Apartments reels in $15.56 million from another California investment group after spending $1 million on a renovation and raising occupancy to 96% from 60%.

MESA, AZ-The three-year owner of Fiesta Park Apartments reels in $15.56 million from another California investment group after spending $1 million on a renovation and raising occupancy to 96% from 60%.

PHOENIX-Picture Perfect Gallery opts to buy its two-year address, getting a two-building complex, totaling 45,280 sf, and one tenant. The $2.5-million acquisition sets up a 5,000-sf expansion for the new owner and an 8,000-sf opening for more tenants.