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ORANGE COUNTY, CA-A unit of AvalonBay Communities Inc., AvalonBay Value Added Fund II LP, has bought the 628-unit apartment complex, Creekside Meadows, situated in Tustin for $98 million.
AZUSA, CA-Christopher Development Group, a Newport Beach-based firm, has partnered with Costa Mesa-based Brookfield Homes Southland Group Inc. to complete the housing development project in Azusa.
BUFFALO-My Destiny Real Estate, a Los Angeles-based realty investment firm, has decided not to challenge the decision by the trustees appointed by the US Bankruptcy Court to sell the Statler Towers, an 18-story tower in downtown Buffalo, to a local group.
TOLLAND, MA-The unnamed owners of an 843-acre undeveloped forest including its 125-acre lake in Western Massachusetts will auction the property in October 20, 2010.
SINGAPORE-According to media sources, the proposed initial public offering of Mapletree Industrial Trust is anticipated to raise around $598 million (S$800 million).
IRVINE, CA-According to online foreclosure marketplace RealtyTrac, nationwide foreclosure filings in August 2010 declined 5% compared to that of August 2009.
NEW YORK CITY-The 391-unit condo-hotel development, Trump SoHo has signed a deal to secure an additional $20 million loan from iStar Financial, a major boon for the project currently struggling to sell units.