Champion Real Estate Services completes a $11.8 million purchase in Ohio; a joint venture breaks ground on a 440-unit development in Los Angeles; and NorthMarq Capital arranges $26.5 million in funds from a life insurance company.

Satori, a luxury community in Fort Lauderdale, Fla., recently became the city’s first eco-friendly luxury apartment community.

Recently employed residents are forming new rental households in Chicago, which generates positive net absorption of apartment units; however, there isn’t enough supply yet to meet that increasing demand.

The L Haus condominium, developed by the Stahl Organization in Long Island City, has recently reached the 85-percent sold sales plateau.

In its May 2012 Outlook, which was released on Monday, the National Association of Business Economists was a bit more optimistic than in the previous survey, published in January.

Investcorp acquires four properties in Houston’s Copperfield master-planned community; American Realty Advisors buys a 224-unit asset in North Dallas; and Hendricks & Partners negotiates a $14.4 million apartment sale.

Distressed student housing no longer, WestMar Student Lofts in Atlanta recently won the 2011 Best Turnaround Project and 2011 Best Leasing and Marketing Program at the Student Housing Business Awards in Austin, Texas.

Student housing specialist Campus Suites has been picked twice by students as their favorite.

The number of available Manhattan rental units may have grown by 6 percent in April, but that didn’t keep rent prices for the month from experiencing a case of spring fever, and climbing by an average of $17.

The Wall Street Journal reported that the European Commission and the European Central Bank are “drawing up plans” should Greece abandon the euro.