The revised state budget might not be another short-term fix or fiscal gimmick, but isn’t it just a vicious cycle?

DENVER-Grubb & Ellis Landauer Valuation Advisory Services opens for business in Denver, hiring Jaimee Keene as managing director and Royce Rowles as senior appraiser.

SAN JOSE, CA-The flexible loan structure provides the Woods LP and Cherry Avenue Development Co. LP with the ability to draw additional principal or pay down principal as the need arises.

SAN DIEGO-The properties, located in Virginia, Indiana, Missouri, North Carolina, West Virginia, Mississippi and Texas, traded for approximately $36.4 million.

SAN FRANCISCO-MacFarlane Partners acquires a development site at 1844 Market St. from Centrix Builders Inc., on which it intends to construct an eight-story multifamily residential building.

SAN FRANCISCO-Expected annual gross savings of approximately $80 million in G&A is expected to be realized by the end of 2012.

SEATTLE-A source not involved in the deal tells GlobeSt.com’s Natalie Dolce that Columbia Pacific Advisors sells two warehouse properties totaling 473,838 square feet for $41 million.

SAN JOSE, CA-HFF worked on behalf of the borrower, an affiliate of BPG Properties Ltd., to secure the five-year, fixed-rate loan through J.P. Morgan Chase Bank N.A.