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NEW YORK CITY-Manhattan's apartment rental market weakens for the first time in 2007 with one- and two-bedroom units in a doorman building showing the most significant decrease.
CHICAGO-The historic Rookery building, at 209 S. LaSalle St., is being sold by Broadway Real Estate Partners LLC, which bought it last year for $56 million.
LOS ANGELES-The partnership of the Buxbaum and Amerland groups acquires the Rosslyn Hotel in Downtown L.A. for a conversion to 300 affordable and market-rate apartments.
HONG KONG-The firm hires three executives for corporate, investment and project management divisions in a multi-pronged bid to become the country's market leader.
WEBSTER, MA-The New York REIT continues to expand its holdings in southern New England with its 14th acquisition, buying Price Chopper Plaza for $17.7 million.