DENVER-In the first since 1990, the booming multifamily rental market is weaker than it was in the beginning of the year, according to a report by Grubb & Ellis. However, buyers next year could reap rewards down the line, it adds.

MIDLOTHIAN, VA-Waterford Apartments, the 26-building luxury apartment complex, commands $22.5 million in the property's sale to Richmond, Virginia's Cornerstone Realty Income Trust, Inc. The 312-unit garden-style complex covers 31 acres and is 95% occupied.

WASHINGTON, DC-Potomac Hospitality Services and Corporate Apartment Specialists Inc. form a partnership to better accommodate the District's large segment of visitors desiring extended-stay accommodations. Under the two-year alliance, the companies will refer clients to each other when, based on the length of the guest's visit, the other company's facilities provide a more suitable accommodation.