SAN DIEGO-According to a national report, San Diego ranks 13th among the nation's least-affordable metropolitan areas for rental housing. Last, year, San Diego ranked 25th on the list. But the $19.46 an hour a San Diegan must earn to afford rental housing is up 21% from 12 months ago, according to the study.

PALM BEACH, FL-The hotel real estate investment trust lowers its third and fourth-quarter estimates on projected revenue per available room and funds from operations.

LOS ANGELES-The 69,000-sf office building is located at 2601 Wilshire Blvd. It was 100% leased to the County of Los Angeles at the time of sale.

ATLANTA-The Oak Brook, IL-based REIT is paying Hendon Stonebridge of Atlanta an estimated $13.65 million for a major ownership portion in the just-completed, 160,198-sf, 90%-leased shopping center in suburban Roswell, GA, five miles north of Downtown.