ATLANTA—“Because of the current market dynamics, landlords in Atlanta are more emboldened to increase rents than they have been in the past 20 years.”

NEW YORK CITY—Now under contract, the deal could become the city's most expensive acquisition ever.

TORONTO and DALLAS—Starwood Capital's revised offer of US$16.25 for Milestone Apartment REIT trust units follows pushback from institutional unitholders.

SAN FRANCISCO—Long-term and institutional players continue to find opportunities that fit with investment objectives, as evidenced by some of the larger loans recorded in recent weeks.