Multifamily

NEW YORK CITY-Manhattan's apartment rental market weakens for the first time in 2007 with one- and two-bedroom units in a doorman building showing the most significant decrease.

RICHMOND, VA-HFF places the 10-year, fixed-rate loan with Quadrant Real Estate Advisors on behalf of prior lender AXA Equitable Life Insurance Co.

LOS ANGELES-The partnership of the Buxbaum and Amerland groups acquires the Rosslyn Hotel in Downtown L.A. for a conversion to 300 affordable and market-rate apartments.

HONG KONG-The firm hires three executives for corporate, investment and project management divisions in a multi-pronged bid to become the country's market leader.

ST. PETERSBURG, FL-Investment firm 2000 Gandy nixes condo conversion plans and sells the property to an apartment operator.

NEW YORK CITY-SDS Procida Development Group is finalizing plans for the Dillon, an 85-unit building on the Westside.

PLAINVILLE, MA-The 10-building Colonial Village sells to an affiliate of Chestnut Hill Realty of Boston.

LAKEWOOD, NJ - The funding, arranged by CPC, will facilitate construction of a complex aimed at providing affordable housing.