LONDON-Prime residential prices in London have risen by 65% since Labour came to power according to agency Knight Frank.

PHOENIX-The multifamily market isn't faring so well, with 30% fewer bids coming in for available properties. Institutional investors have turned their backs on the market and the private investment sector is being cautious due to modest-to-flat rent growths.

NEW YORK CITY-Across the street from Carnegie Hall, the 15-story office building has been undergoing renovations for the past two years. The financing was finalized in 45 days.

ELGIN, IL-Chicago-based Corus Bank loans Randall Lakes Limited Partnership $5 million to build a two-story office building, the fourth in Randall Point Executive Center. The office park has seen 160,000 sf of space leased.