HOUSTON--Chicago-based Stage Equity Partners LLC has announced the recent acquisition of a 24,075-square-foot multi-tenant medical office building anchored by Texas Children's Hospital in Houston.

QUINCY, MA—A $66-million financing package has facilitated the acquisition of the 640-unit Quincy Point Apartments senior community here and the rehabilitation and reservation of a vast majority of the units as affordable for at least the next 30 years.

ATLANTA—Locally-based Timbervest LLC, which manages timber-related assets and investments, reports it has sold a total of nearly 20,000 acres of timberland assets in Georgia and Pennsylvania from its Timbervest Partners I investment fund.

PHOENIX—Investment Property Associates celebrated the grand opening of its first multifamily development in Scottsdale with a ribbon cutting ceremony at Liv North Scottsdale.