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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.

Huntington Beach, Calif.—Colliers International has completed the sale of 10 condos, bought in bulk, for $2.5 million by Symphony Real Estate Fund.

Valencia, Calif.–BRE Properties Inc. has acquired The Vistas of West Hills, a 220-unit property in Valencia, Calif. for approximately $56.5 million.

Reston, Va.–Ground breaking for the first component of Reston’s first TOD–a 1.3 million square-foot, mixed-use development–has been set for this spring.

Odenton, Md.–The Village at Odenton Station, a 400,000 square-foot mixed-use residential project near Baltimore and D.C., moves closer towards realization.

Portland State University is introducing a master’s program in real estate development this fall, making it one of only two universities in the Northwest to offer the degree.