LONDON-Land Securities is paying pounds 170 million ($295 million) to assume full control of the 600,000-sf Gunwharf Quays mixed-use project on Portsmouth Harbour in Hampshire.

PHOENIX-The apartment complexes turn out to be a sweet deal for a California buyer who puts up the full $1.5-million ask for properties with management issues. The duo brings about $10,000 less per unit than comparable complexes in the same area.

DETROIT-A jaw-dropping $243 million in revenue in the first nine months of this year for GMAC's commercial mortgage operations appear to be the deciding factor in the company removing it from the block.

SOUTH FLORIDA-A new Marcus & Millichap report shows three key South Florida cities--Miami, Fort Lauderdale and West Palm Beach--will improve their rankings in the company's National Office Index.