CHICAGO-Grubb & Ellis Co. closes its public offering of 10 million shares of company stock, generating $44.4 million.

DETROIT-The $180-million Book-Cadillac Hotel project involves 22 layers of financing and has taken more than two years to assemble.

DETROIT-The $180-million Book-Cadillac Hotel project involves 22 layers of financing and has taken more than two years to assemble.

INDIANAPOLIS-Triple Net Properties LLC, acquires 220 Virginia Ave., a healthcare office property, on behalf of tenant in common investors for $100.8 million.

INDIANAPOLIS-Triple Net Properties LLC, acquires 220 Virginia Ave., a healthcare office property, on behalf of tenant in common investors for $100.8 million.

KANSAS CITY, MO-Portland, ME-based Eagle Point Enterprises obtains $55 million in financing to buy and rehabilitate three historic properties containing 303 affordable rental apartments.

KANSAS CITY, MO-Portland, ME-based Eagle Point Enterprises obtains $55 million in financing to buy and rehabilitate three historic properties containing 303 affordable rental apartments.

MILWAUKEE-Los Angeles-based CB Richard Ellis Group Inc. picks up local real estate brokerage and management services firm, the Polacheck Co., for $20 million.