A joint venture headed by Alliance Residential Co., of Phoenix, has acquired the Coronado Bay Club, a 549-unit, garden-style waterfront apartment community in Coronado, Calif., for $160 million, the company announced Wednesday.

American Realty Capital Healthcare Trust Inc., of New York, will apply to list its common stock on an unspecified national stock exchange (under the symbol HCT), the REIT announced Friday.

Beech Street Capital, a mortgage banking company headquartered in Bethesda, Md., just closed a refinancing deal on seven Fannie Mae loans totaling $158 million.

Canyon Capital Realty Advisors L.L.C. is teaming with Peter N.G. Schwartz and Hensel Phelps on the development of Apollo Residences at Town Center, a $93 million, 417-unit Class A apartment project in Camp Springs, Md.