SPOKANE, WA-The $173-million offer from Columbia Pacific Opportunity Fund LP is described by Red Lion Hotels Corp. as a preliminary and non-binding indication of interest.

OAKLAND, CA-The Radnor, PA-based REIT agrees to sell five properties here totaling 1.7 million sf to an affiliate of CIM Group, which put up a non-refundable deposit.

OAKLAND, CA-The Radnor, PA-based REIT agrees to sell five properties here totaling 1.7 million sf to an affiliate of CIM Group, which put up a non-refundable deposit.

LAS VEGAS- Heritage Associates acquires the 304-unit Pyramid Apartments from National Commercial Ventures for $30.25 million.

LAS VEGAS- Heritage Associates acquires the 304-unit Pyramid Apartments from National Commercial Ventures for $30.25 million.

RICHMOND, CA-Three funds of Kennedy Wilson replace Lennar as co-owner of two slow-selling apartment-to-condo conversion projects.

SALINAS, CA-A partnership of Widewaters Group and Robert M. Leidig & Assoc. will negotiate for the right to master plan and redevelop an eight block chunk of this city's historic downtown business district.

SALINAS, CA-A partnership of Widewaters Group and Robert M. Leidig & Assoc. will negotiate for the right to master plan and redevelop an eight block chunk of this city's historic downtown business district.