FRANKFURT-Activum SG Capital Management Ltd.'s Activum SG Fund II has acquired the AOC building situated on Hanauer Landstrasse in Frankfurt from BNP Paribas Real Estate.

HOUSTON-JP Morgan Asset Management has purchased 24% ownership stake of Crescent Real Estate Holdings LLC in a Texas office portfolio totaling 9.1 million square feet for an undisclosed price.

ARLINGTON, VA-The Donohoe Cos. Inc. has secured $36 million in construction loan for Residence Inn by Marriott Arlington Ballston.

PALMDALE, CA-San Francisco-based Meridian Property Company, an investor and developer of medical office buildings, has acquired a vacant business complex and more than three acres of land in Palmdale.

CHICAGO-An associate of Dallas-based L&B Realty Advisors LLP has paid over $90 million for a high-rise in River North.

MIAMI-Parmenter Realty Partners has announced the purchase of Woodland Park Plaza in Houston's Westchase submarket.

BIRMINGHAM, AL-The Hyatt Place hotel located on 20th Street in Birmingham has been sold and will soon be rebranded.

HALLANDALE BEACH, FL-Capital Commercial Real Estate Group has completed the sale of 240 condominiums of Normandy Village, a 254-unit multifamily property situated at 4410 NW 36 Street in Lauderdale Lakes.