SAN JOSE, CA—Community Preservation Partners closes two multifamily transactions totaling $78 million to preserve affordability in an area with some of the highest rents.

SAN DIEGO—Despite earlier reports, exclusive discussions with one company for the waterfront redevelopment will move forward, while the other five proposals under consideration were not yet eliminated, the Port's Penny Maus tells GlobeSt.com <b>EXCLUSIVELY</b>.

BRIDGEWATER, NJ—Denholtz Associates secured a 10-year, $3.975 million refinancing on five of its flex-industrial properties totaling 115,714 square feet.

PHOENIX—There are multiple forces at play, fueling the multifamily construction cycle, according to ABI Multifamily's Phoenix MSA second quarter 2016 multifamily construction pipeline report.