NEW PORT RICHEY, FL-Marcus & Millichap Real Estate Investment Services has completed the sale of a multifamily property in New Port Richey.

DORAL, FL-Wells Fargo Bank, N.A. has sold the Emerald Farms property located at 9800 NW 17th Street in Doral for $3.675 million.

MIAMI BEACH-Sam Nazarian's SBE Entertainment and CIM Group have secured $51.2 million in construction loan to complete revamping the old Ritz Plaza Hotel, a 140-room hotel in Miami Beach, and reopen it by April 2012 under Nazarian's SLS hotel brand.

GREENSBORO, NC-Bellemeade Development and Lomax Properties have officially announced their plans for a $10-million apartment project at the old North State Chevy property near NewBridge Bank Ballpark in downtown Greensboro.

CHICAGO-Norwalk, Connecticut-based GE Capital has signed a lease renewal and expansion deal in a West Loop office tower.

TACOMA, WA-Onward LLC, a Minnesota-based investment firm linked to Opus NW, has purchased a condominium development in Ruston near Tacoma for just below $11 million with plans to convert it into apartments.

CHICAGO-RP Holdings LLC has acquired a two-story multifamily property in Chicago's Hyde Park neighborhood for $159 million.

ATLANTA-Daniel Corp. and Selig Enterprises Inc. are planning to start construction next month on a 330-unit apartment tower in Atlanta's Midtown area.