MIAMI-The 463-unit, 30-story apartment building at 915 NW First Ave. sells at auction for $46.65 million, after years of financial struggle. Regency Savings Bank of Oakpark, IL acquires the 686,000-sf, 12-year-old tower from Ocwen Federal Bank of Palm Beach.

CHULA VISTA, CA-Activity at the Southrail Business Park is brisk, with Westcore Industrial Properties signing four leases and renewing two at its Southrail Business Park in Chula Vista.

SCOTTSDALE, AZ-Blood Systems Inc. has lined up 5,200 sf in the Scottsdale Commerce Center along Hayden Road, part of which goes to a high-tech lab. The long-term lease is a product of the negotiating skills of Grubb & Ellis and Patriot Commercial.

SANTA CLARA, CA-The 1,800-unit housing community will include a shopping center, hotel, restaurant and police/fire station. It is a joint venture development that includes Centex Homes, Shea Homes and Greystone Homes.