National

PLANO, TX-Mosaic Residential bags bookends along a primary artery from different sellers within 24 hours. The deals come close to the $21.4-million aggregate ask.

AUSTIN-Jane Snoddy Smith, a five-year partner with Fulbright & Jaworski LLP, is national president-elect of the 7,621-member organization.

PHILADELPHIA-The hospitality REIT takes full ownership of the 250-room asset at 1301 Race St., which it bought in a joint venture in January 2006.

NEW YORK CITY-Manhattan residential market remains strong, with a 26% increase in the average price for apartments compared to this time last year.

McCANDLESS, PA-The seven-story, 188,000-sf addition to this UPMC Passavant campus will add 88 beds to the existing 311 and expand capabilities.

NEWPORT BEACH, CA-The firm will take 16 properties, located in Orange and San Diego counties, as part of Archstone-Smith's buy-out.

WALNUT HILLS, KY-The university is leasing the off-campus site to the developer, which will build retail, apartments, condos, offices, a hotel and a fitness center.

BIRMINGHAM, AL-With the deal closed, the new owner will put another $5.5 million into upgrading the 25-year-old Hilton Birmingham at Perimeter Park.