PHOENIX—Resort on 27th LLC of Los Angeles purchased Willow Springs Apartments, located at 4715 N. 27th Avenue, from MLCFC 2007-7 North 27th Avenue LLC of Miami Beach.

HOFFMAN ESTATES, IL—Re-leasing and redevelopment opportunities figure in the joint venture between SHLD and GGP; the retailer will lease back space from both the JV and the forthcoming REIT spinoff.

LOS ANGELES—Full video of the Industry Leaders: The View from the Top panel from RealShare LOS ANGELES 2015.

IRVINE , CA—Revised Real Estate Nowcast shows that sale of existing homes will probably eclipsed 5 million.