SOUTHAMPTON, NY—With Tate's Bake Shop signing up for headquarters and distribution space, the first building at Rechler Equity Partners' Hampton Business District is nearing full occupancy.

FAIRFIELD, CT—The sale of GE Capital Bank furthers the parent company's goal of exiting the financial services business, while giving Goldman Sachs more traction in establishing an online consumer lending platform.

NEW YORK CITY—The promotions include Beth Rosen, who moves up from VP to EVP, and Brandon Eisenman, promoted to VP from managing director.

NEW YORK CITY—Jodi Stein brings a background in land use and zoning to the newly created position, and will help expand the company's $2-billion development portfolio.

NEW YORK CITY—To be known simply as iStar Inc. effective August 19, the company is moving forward with a broader investment focus, CEO Jay Sugarman has said in recent presentations.

NEW YORK CITY—The uptick in construction will mean a vacancy increase by year's end, says Marcus & Millichap, even so, apartment vacancies here remain historically low.

SAO PAULO, Brazil—The acquisition follows another portfolio deal earlier this month between BR Properties and a foreign buyer, in this case the Blackstone Group.

LOS ANGELES—While Chinese investors could step up US real estate investment as a hedge against a slowing domestic economy, USC Lusk Center's Rodney Ramcharan cautions that a longer-term prediction is difficult.