LEBANON, NJ–A 150-unit apartment community here in Hunterdon County was traded in an off-market transaction for $38 million and a light industrial property in The Meadowlands was sold for $29 million in two deals orchestrated by HFF.

PHOENIX–Coming on as the president of the Southwest region, Rick Collins has plans to add energy and value in the pursuit of new business opportunities.

PHOENIX—Oregon Pacific Investment and Development Company purchased Pinnacle Queen Creek, a class A apartment community located at 800 W. Queen Creek Road. The 252-unit garden style apartment community sold for $33.3 million.

DALLAS—Velocis Fund LP, a Dallas-based private equity real estate fund, announces the launch of its second fund, Velocis Fund II. This launch follows the success of Velocis' first fund, which completed its final closing in March 2013, and has performed beyond underwriting expectations.

SAN ANTONIO—Stream Realty Partners is finalizing plans for its latest office development project in San Antonio. The One51 Office Centre is located in the Westover Hills. Stream will break ground in August with completion the second quarter of 2015.

Across the State of California, seismically unsound buildings are gaining the political attention needed to create and enforce regulations to address risk. Josh Marrow explains what this means for building owners and lenders.

HOUSTON—Hillwood Communities, in partnership with McGuyer Homebuilders, Inc., has broken ground on Pomona, its first Houston-area master-planned community located in the heart of the rapidly growing Highway 288 corridor in Manvel.

LAKEWOOD, NJ–Eastern Union Funding arranged $19.5 million in financing for the buyer of a $26 million mixed-use property here, GlobeSt.com has EXCLUSIVELY learned.