HAMBURG, GERMANY—15-year lease ensures long-term cash flow for Unilmmo: Deutschland.

OAKLAND, CA—SummerHill Apartment Communities' The Lane on the Boulevard is now under construction. Will feature 141 units with distinct architectural features.

SCOTTSDALE, AZ and PHOENIX—Fairfield Inn, Midtown in Phoenix, and Holiday Inn Express, Old Town, Scottsdale, help California company expand its Arizona holdings.

SAN FRANCISCO—Hines reduces its stake to 5 percent, as the government authority land sale is due to close.

LOS ANGELES— Sylvan | Thirty, located at the intersection of I-30 and Sylvan Avenue, is expected to be a community hub for North Oak Cliff and West Dallas. Several retail and restaurant tenants are signed.

SAN DIEGO—Luxury boutique hotel fetches $333,000 per key from Chicago-area buyer, Inland American. Hyatt will continue to manage.

NEW YORK—Alles Group Mexico joins NGKF in Mexico City, one of the largest growing metros in the world.

HOUSTON-Transwestern's brokers negotiate contracts for The Mills, Portofino Landing, and Deer Creek within a 14-day period.