ELLENWOOD, GA—A partnership affiliated with Montreal-based Rosdev Group and Tampa, FL-based Blue Rock Partners, LLC reports it has closed on the $9.8-million purchase of Oak at Ellenwood apartments in this Atlanta suburb in an all cash deal.

ORLANDO—With his new project, developer Richard Ackerman is betting that $50 million and up senior rental developments with choice locations and resort-style amenities will be attractive to investors and residents.

BOULDER, CO—Navigant's report indicates that near-zero energy buildings may be just five years off.

ORANGE COUNTY, CA—With a few build-to-suits recently delivered and more nearing completion, Orange County developers are turning their attention to speculative development, according to Voit Real Estate Services.