PHOENIX—Resmark Apartment Living, a division of real estate investment advisor The Resmark Companies, announce a new joint venture with Westfield and Greystar to develop a 344-residence apartment community in Desert Ridge that recently broke ground.

PHOENIX—The condominium community Portland Place will soon have an adjacent sister property that will begin construction late this year. The new Portland on the Park is valued at $75 million.

SAN FRANCISCO—Silicon Valley architecture firm is entering seventh decade celebrates with rebranding.

MIAMI—According to CDC Builders, a full-service construction company in Miami, construction costs to build the same project today would be close to $250 per square foot. Will this strategy help iStar sell off the 160 remaining units at One Fifty Biscayne?