ALBANY-The New York State Funeral Directors Association is building a $4.3-million, 21,000-square-foot headquarters in Colonie, New York.

SAN DIEGO-Manchester Financial Group, headed by Douglas Manchester, has obtained $27.5 million to refinance the San Diego Union-Tribune's Mission Valley headquarters.

CINCINNATI-Cincinnati Bell Inc.'s CyrusOne Inc. has acquired the company's 14-story building at 229 W. Seventh St. in downtown Cincinnati.

HONOLULU-Hawaii developer Peter Savio is planning to spend $25 million to purchase Hilo's Waiakea Lagoon View Apartments and convert the property into a student housing and 250-room hotel under the Pagoda brand.

AUSTIN-The Dallas fund acquires Springdale Shopping Center and West Woods Shopping Center in a purchase totaling more than 350,000 square feet.

CHICAGO-Hospitality Properties Trust has confirmed that it has bought Hotel 71, a 437-room property at 71 E. Wacker Drive, for $85 million.

FAIRFAX, VA-Reston-based Linden Development has bought a half empty office building in Fairfax for $8 million.

NEW YORK CITY-InterContinental Hotels Group PLC, headquartered in Denham, UK, is seeking new buyers for New York Barclay, a flagship hotel situated in midtown Manhattan's East Side.