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Patrick Carroll talks with MHN about the multifamily discussion that took place at the Global Real Estate Institute’s annual U.S. gathering in New York.

San Francisco–Joint owners of the Fairmont Hotel are eager to move forward with a business plan that will make the property more relevant in the current environment.

Nashville–Velocity’s conversion to apartments comes courtesy of Pollack Partners, which just acquired the 220 unsold units at the 263-residence mixed-use property.

In a joint venture, Pantzer Properties and Dune Real Estate Partners have acquired the eight-community Magazine Portfolio in metropolitan Washington, D.C. for $460 million.

Chicago–Condo sales and prices were down in 2010. American Invsco is temporarily knocking half the price off units in one of its properties.

Somerset, N.J.–Sterling Properties has sold 80 home sites at its over-55 property to K. Hovnanian Homes, which will build out the final phase of construction.

Meeting the demands and desires of millions of new apartment dwellers will continue to provide investors with solid returns, now and well into the future.

McLean, Va.–Cityline Partners has unveiled a plan for the long-term transformation of about 40 acres of land into an integrated mix of residential, office, hotel and retail.