CHICAGO-The West Loop area will see another warehouse converted to multifamily use at 1001 W. Van Buren Ave. Chicago-based Aries Capital provides interest-only financing at 7.5% and 65% loan-to-value.

SANTA ANA, CA-The California company has acquired a 113,000-sf Santa Ana office building, which is known for its rooftop time and temperature sign. The property underwent a $600,000 renovation before it was sold.

RANCHO CORDOVA, CA-A recently renovated apartment complex in Rancho Cordova has sold for approximately $3 million. Realtor James Pagonis told GlobeSt.com that the seller received eight offers in about a month.

BATTLE CREEK, MI-The company is renovating the 106-year-old Post Cereal complex, which includes obsolete buildings. It is getting 10% of the costs paid by a state brownfield Single Business Tax credit for redevelopment.