BOSTON-The locally based REIT expects to raise $91 million through the private offering of 3.6 million shares. The company also settles a claim with the State of California.

BOSTON-The locally based REIT expects to raise $91 million through the private offering of 3.6 million shares. The company also settles a claim with the State of California.

NEW YORK CITY-C&W hires two veteran GVA Williams brokers, Robert Brennan and Robert Romano. Both had been with GVA since 1996 and will serve as executive directors at Cushman.

WILLIAMSBURG, NY-The sale will facilitate the construction of residential condominiums on the site. It had been part of a family-owned portfolio for 30 years.

NEW YORK CITY-Company executives expressed "disappointment" with the REIT's stock performance during a conference call on year-end and fourth quarter results.

NEW YORK CITY-Negotiations are ongoing for Starwood Hotels to acquire the Le Meridien brand from Lehman Brothers. In December 2003, the pair acquired the outstanding debt of the London-based hotelier.

NEW YORK CITY-Negotiations are ongoing for Starwood Hotels to acquire the Le Meridien brand from Lehman Brothers. In December 2003, the pair acquired the outstanding debt of the London-based hotelier.

NEW YORK CITY-Fried Frank Harris Shriver & Jacobson will continue to call One New York Plaza home for the next 15 years. The firm adds 42,000 sf to bring its total in the Lower Manhattan site to 380,000 sf.