AEW Capital Management L.P., acting on behalf of its open-end core fund AEW Core Property Trust (U.S.), has acquired Three Ballston Plaza, a premier 304,200-square-foot office property in Arlington, Va., just outside of Washington, D.C.

Behringer Harvard said on Wednesday that it has closed a $150 million Freddie Mac credit facility for Behringer Harvard Multifamily REIT I, Inc.

Freddie Mac’s new mezzanine financing arrangement allowing mezzanine debt on qualifying senior multifamily mortgages (first mortgages) it purchases, has now officially been launched.

Real estate service provider Cassidy Turley has been named the exclusive U.S. real estate representative for New York-based Weight Watchers. Under the agreement, which was announced Wednesday, Cassidy Turley will also provide project management services to the firm.

With the closing of a joint venture transaction valued at $320 million, Columbus, Ohio-headquartered Glimcher Realty Trust now shares ownership of two of its shopping malls with New York-based The Blackstone Group.

By Barbra Murray, Contributing Editor

Forming a strategic alliance with New York-based private equity fund Och-Ziff Real Estate, Orlando-headquartered Hard Rock International is making a move to get in on the ground floor of new gaming opportunities that may ultimately arise from the introduction of new legislation in New Jersey this week.

By Paul Rosta, Senior Editor

Prospects for the U.S. economy, public policy and commercial real estate industry drew a mixture of skepticism and cautious optimism in New York City this week at NAI Global’s annual market outlook.

By Allison Landa, News Editor

Healthcare Trust of America and Plaza Companies are working together on more than 641,000 square feet of medical office buildings in the Phoenix metro area – a continuation of Healthcare Trust’s aggressive expansion efforts in Arizona.

By Allison Landa, News Editor

In a continuing expansion initiative nationwide, real estate brokerage and advisory firm Stan Johnson Co. has opened a new regional office in Chicago.

The latest S&P/Case-Shiller home price index, which tracks residential valuation in 20 major U.S. metro areas, saw a 0.3 percent uptick in January 2010, compared with the previous month. It was the eighth time in a row that the index inched upward, with 12 of the 20 areas registering gains for the month.