CRESTVIEW, KY-A Boston pension fund buys the luxury apartment complex in suburban Cincinnati from Valley View Ridge, Ltd. The deal brokered by Birmingham, MI-based Dietz Organization does not include a third, 96-unit, phase.

POMPANO BEACH, FL-The Bentonville, AR retailer is developing Atlantic Commercial Center, a 270,000 sf venture that will be anchored by a Wal-Mart Supercenter at an estimated size of 150,000 sf to 175,000 sf with a projected hard cost of $13 million or about $75 per sf.

NEW YORK CITY-Metro New York/New Jersey and California will offer the best multifamily buys over the next five years. Areas to avoid are the Rust Belt and the South, particularly Central and Northern Florida.

ORLANDO-RF Micro Devices of Greensboro, NC, partnering with locally based Cirent Semiconductor, gets the tax rebate money from Orange County only after it has paid more than $1.6 million in local taxes. The firm also gets $20,000 cash.