HOUSTON-The Virginia-based seller disposes of the multifamily property for $34 million, following a close to three-year hold and capital investment of approximately $1.5 million.

HOUSTON-Based on Q1 2013 earnings, the local retail REIT continues forecasting its core FFO between $1.02 and $1.07 per share, while FFO is between $0.93 and $0.98 per share.

SCOTTSDALE, AZ-The single-tenant REIT owner reports total revenues of $72 million during Q1 2013, a close to 5% increase over Q1 ending March 31, 2012.

DALLAS-Howard Hughes Corporation reported that, during Q1 2013, master planned community land sales jumped 26.3% to $44.7 million, compared to $35.4 million during the same time last year.

AUSTIN-The local office of the commercial mortgage company closes four loans on multifamily properties in Texas, relying on Freddie Mac and CMBS help.

HOUSTON-Alexander Jessett succeeds Dennis Steen, who is retiring from the company.

SCOTTSDALE, AZ-Healthcare Trust of America's Q1 2013 figures point to a normalized FFO increase of 23% year over year and same property growth of 3.4%. The REIT also acquired $88 million of MOBs.

DALLAS-For its Q1 earnings, the hospitality REIT saw an adjusted EBITDA increase by $7.3 million, with RevPAR from both its Highland and legacy portfolios increasing 4.3%.