West

The two boards of directors have agreed and the price includes debt assumption.

The Los Angeles-based firm acquired 1408 Casitas at Palm Valley, a 168-unit apartment property for $36 million.

The Georgetown Company has purchased the Hollywood Media Campus, which is occupied by Netflix.

Firms combine for a $75 million fund for needs-based seniors housing.

"If 1,000 people are moving to Miami a day, no one can create 1,000 new units in multifamily per day. There is opportunity out there. You have to pick your spots," one panelist said.

The investment was mostly directed toward the industrial and multifamily sectors, which together accounted for two-thirds of foreign investment activity.

The three-property portfolio was purchased by Peachtree Hotel Group from Widewaters Hotels.

This transaction will create one of the largest pure play medical office REITs in the market.