PICO RIVERA, CA-A private investor buys the Courtyard Apartments at $82,801 per unit in a transaction with a 6.9% cap rate. Sold by Irvine's Bascom Group, the holding was 88% occupied at sale time.

DALLAS-The developer taps William L. Rafkin to lead the initiative to acquire excess corporate real estate. It could be a build-to-suit client's old address, sale/leaseback or even excess land. Koll capital leads the way, but co-investors are likely to join.

LONDON-Royal Berkshire & Battle Hospitals NHS Trust has appointed Atis Real Weatheralls to sell the 27-acre Battle Hospital site in Reading, Berkshire. The site already has outline planning permission for a mixed residential and retail development.