Multifamily

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.

DREXEL HILL, PA-The partnership that has owned the 180-unit rental complex for 25 years is asking $10.8 million and will reallocate the funds elsewhere.

ALSIP, IL-Questar Equity LLC buys the 144-unit Woodland Courts Apartments, which is fully leased.

BROWNSVILLE, TX-The buyer acquires four more complexes in separate transactions in Texas and Shreveport, LA for payouts ranging from $28,000 to $68,000 per unit.

ANAHEIM, CA-It's the largest apartment complex to hit the Southern California market since 2004, according to listing agent Greg Harris of Marcus & Millichap.

LAS VEGAS-Experts from Rreef, Developers Diversified Realty and Banc of America Securities talk about the subprime meltdown, whether or not a recession looms and who's bullish on what property types.