OAKBROOK TERRACE, IL-A venture headed by an Indiana hotelier has picked up a Staybridge Suites hotel on Royce Boulevard in west suburban Oakbrook Terrace for $7.4 million.

JACKSONVILLE, FL-Inland Diversified Real Estate Services LLC, a division of Inland Real Estate Group of Companies Inc., is preparing to construct 1330 apartments on Southside Boulevard.

AUSTIN, TX-Austin Vista Lago LP, an investment group based in Austin, has acquired Vista Lago Apartments, a 102-unit apartment property at 2215 Town Lake Circle in Southeast Austin.

WASHINGTON, DC-A group of residents at Onyx on First, a 266-unit apartment complex in Washington, DC's Capitol Riverfront neighborhood, are planning to acquire the property under a city law.

NEW YORK CITY-The Chatsworth, a 139-unit apartment building situated on the Upper West Side, is put up for sale.

CHICAGO-A joint venture that includes The Farbman Group, based in Detroit, and Lubert-Adler, based in Philadelphia, has paid $75 million for 200 West Monroe, a 23-story Class B office property in Chicago.

CHICAGO-The owners of a retail building in Chicago's Gold Coast neighborhood have closed a $50-million loan on the property.

NORWALK, CT-Cervalis LLC has signed a long-term lease with FPG Norden, an affiliate of Fortis Property Group, for a new disaster recovery center and data center in Norwalk.