SACRAMENTO, CA-The property was on the market for only two weeks and sold at the list price, making the capitalization rate right around 7.10%. The buyer is an investor from Southern California.

BOSTON-A state judge here rules that regulations allowing telecommunications service providers to have mandatory access to apartment and office buildings are unconstitutional. The ruling is expected to have ramifications throughout the country.

FARMINGTON HILLS, MI-First-half demand keeps rents stable, thanks to developers and owners smartly holding back on new building. Vacancies haven't skyrocketed and asking rents remain stable, says Paragon Corporate Realty Services.

LONDON-Property analyst, Hometrack, has released its Monthly Survey of London Properties for July, which shows that house prices for the month still rose by 0.5% and properties are selling, on average, within four weeks.