CARLSBAD, CA—The bridge financing is for a six-property portfolio located in four states.

ORLANDO—McCraney Property Company has been betting big on industrial spec development in Orlando. It's already paying off.

BOSTON—International tenant-only brokerage firm Cresa, which recently announced changes in its executive leadership, says it is embarking on a two-pronged growth path that will increase its employee base and strengthen as well as enhance the services it provides it clients.

IRVINE, CA—Still more than 5 million properties remain in negative equity as of the first quarter.