Globest Sectors

SCHILLER PARK, IL-Rreef is the new owner of the property at 5100 River Rd. on behalf of an institutional client from North River Group LLC.

WASHINGTON, DC-Hospitality firms Lazer Lodging and Revpar International are combining resources to create a full-service hotel asset management and advisory firm.

NEW YORK CITY-SL Green enters into an agreement to sell 470 Park Ave. S, which will generate a gain of approximately $118.4 million.

BROOKLYN, NY-Fifth Avenue Committee breaks ground on its affordable green residential development, located directly across the street from Atlantic Yards.

SOMERVILLE, MA-The 65,000-sf office and retail building at 212 Elm St. here features a stable rent roll with several top tenants.

LYNDHURST, NJ-The plastics maker now owns the building it initially leased as part of a headquarters move. A $7-million loan has completed the deal.

TRENTON-The half-acre parcel near this city's train station has been cleared of buildings. City officials are looking for housing or mixed uses.

NEW YORK CITY-A phased occupancy of the landmark Equitable Building--consolidating four separate Manhattan locations--is slated to begin in Mid 2008.