DENVER-A continued softening in the local job market plagues the multifamily rental market, which sees vacancy rise more than two percentage points to 9.4% and rents drop about 3%.

SCOTTSDALE, AZ-A Seattle couple parlays a 1031 Exchange into being a building owner for a Starbucks and Baja Fresh restaurant. The seller let go of the retail property at 4032 N. Scottsdale Rd. after owning it for just a year.

DALLAS-Wyndham and Westbrook sit down at the closing table for the second time this month. The latest signing for two hotels in Chicago and Houston finalizes all terms of a September agreement for the trade of 13 hotels and Wyndham's take-home pay of $447.4 million.

PHILADELPHIA-In separate transactions, the West Conshohocken, PA-based REIT buys a 500,000-sf distribution center in Carlisle, PA for $37.90 per sf and a 289,242-sf distribution facility in Wilkes Barre, PA for $28 per sf.