ADRIAN, MI-A Birmingham, MI broker handles the sale of the 38-unit multifamily building in this college town to West Terrace Group, a local real estate company. The seller is Dodge MGP Co., headquartered in Trenton, MI.

LONDON-A survey just released by the Land Registry shows that the number of residential properties changing hands for seven figures is soaring. As the UK's hot spots become unaffordable for many, other parts of the country are starting to see rapid hikes in prices as supply dwindles.

CORAL GABLES, FL-The Coral Gables, FL-based firm promotes Jude Williams to a newly created position of president, adds a new tenant-services division and later this year plans to roll out two new discretionary institutional funds and expand another.

FORT LAUDERDALE, FL-Price and terms were not disclosed but the Nashville, TN-based company expects to close on the deal in 30 days. Industry sources speculate the price could be based on a negotiated percentage of the $70 million a year in estimated gross revenue that USA Parking produces each year.