HOUSTON-Integra Realty Resources, M/PF Research and Cushman & Wakefield of Texas' valuation team all concur that Houston is a shining star in the multifamily sector. But will it continue its momentum?

SAN DIEGO-Site work has begun on Park Laurel, a two-tower luxury residential development across the street from Balboa Park. Park Laurel's first phase is more than 50% pre-sold at prices ranging from $800,000 to $3 million.

MIAMI-The Texas retail REIT and joint sellers AMB Property Corp. of San Francisco and the Lefmark Group of Miami decline to give the sales price. But area brokers intimate with the deal tell GlobeSt.com on condition of anonymity the trophy, 31-year-old property went for at least $150 per sf or about $35 million, one of the highest shopping center prices in Broward County over the last two years.

LONDON-Any move by the UK to adopt the euro would have short term benefits for the property sector, but in the longer term it could increase market volatility, a joint seminar of the European Real Estate Society and the Society of Property researchers was told.