SAN FRANCISCO—According to CBRE's Colin Yasukochi, a number of office projects are expected to deliver in 2015 here in the City, continuing on the positive path of net absorption.

LA VERNE, CA—A joint venture between Zaruka Investment Properties and Wedgewood Banquets buys the Sierra La Verne Country Club with plans to convert it into a wedding and special event space.

NEW YORK CITY—Construction costs in Manhattan have risen 5% in each of the last two years, according to a report released today by the New York Building Congress.

PHOENIX—Houston-based Domain Acquisitions LLC in partnership with BH Equities LLC of Des Moines (DFA/BH Midtown LLC of Houston, Texas) purchased Midtown on Main Apartments, a transit-oriented, class B complex in Mesa for $34.95 million, or $74,047 per unit. The seller was Bay Club Partners LLC of Beaverton, OR.