Multifamily specialists Wood Partners has finalized plans to build Midtown Delray, a $26.9 million development consisting of 116 three-story rental townhomes near downtown Delray Beach, Fla.

The Alder Group and ECI Group acquire land for two luxury towers in Florida; IPA completes a $13.5 million sale for Beachworld Residential; and NAI Hunneman’s Investment Services Group brokers a $1.6 million sale of a four-unit condo building.

For anyone seeking evidence of a strong market for pedestrian-friendly, urban lifestyles in Dallas, ample proof is provided by the BLVD, a new mixed-use development rising in an area of the city near Southern Methodist University and Mockingbird Station.

The U.S. Department of Labor reported that initial jobless claims for the week ending May 12 were 370,000, which means that the rate didn’t budge compared with the week before.

Would you want to build an apartment community–or live–near a baseball stadium?

Affordable community Orvieto Family Apartments, a development by Eden Housing and ROEM Corporation, recently opened its doors to renters.

The Praedium Group and McDowell Properties purchase a 200-unit community; HFF refinances a seniors housing community in California; and Madison Realty Capital completes a $21.5 million note and deed purchase for a Brooklyn property.

ADC Realty Group has obtained financing for site acquisition and construction of an apartment property in West Los Angeles on the current site of a rental car location.

Yardi has acquired ista North America’s Multifamily Services Group, a supplier of energy and water metering, billing and management services.

Wood Partners has begun construction of Alta Alameda Station, a 338-unit community project in Denver’s historic Baker district, across the street from the Alameda Light Rail station.