Multifamily

HOUSTON-A local buyer gets a $10-million loan to buy Greenbriar Chateau, a 40-year-old complex within minutes of Rice University, Hermann Park and Texas Medical Center.

LEWISVILLE, TX-The site's cleared and vertical work begins in December on the 151-unit Amaranth@544, the seed for a possible REIT and merchant build program.

LIVINGSTON, NJ-The separate deals add up to a total of more than 100 rental units in three different New Jersey counties.

WEST POINT, GA-Crossman & Co. begins work on the Venue, which will contain 938 apartments, more than 350,000 sf of retail space and a hotel.

NEW YORK CITY-Eli Cohen, who purchased the 304 Fifth Ave. property with the intention of building retail, is selling the property for $7.5 million.

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.