The median sales price for entering contracts in Brooklyn rose 73% year-over-year with inventory falling more than 22%, while Manhattan new development inventory rose 18% in 2017.

The financing package consists of a $900-million senior construction loan syndication led by J.P. Morgan and a $235-million preferred equity loan from an unnamed hedge fund.

Here's a look at the trends, announcements and deals you may have missed at the mid-week point in Texas, New Mexico, Colorado, Oklahoma and Arkansas.

Strategic investments for value-add opportunities are earmarks of the region's strong economic environment and projected market growth as the city is poised for another great year in 2018.