LAS VEGAS-An index that tracks development activity in Southern Nevada declines for the second straight quarter due in large part to a slow-down in residential development.

LAS VEGAS-An index that tracks development activity in Southern Nevada declines for the second straight quarter due in large part to a slow-down in residential development.

SALINAS, CA-The 1.8-million-sf former Firestone Tire & Rubber Factory was converted into a multi-tenant industrial park in 1986 by the seller, an affiliate of McMorgan & Co.

SALINAS, CA-The 1.8-million-sf former Firestone Tire & Rubber Factory was converted into a multi-tenant industrial park in 1986 by the seller, an affiliate of McMorgan & Co.

LONDON-New York City-based Morgans Hotel Group's 50-50 partner in two hotels here sells its stake to an affiliate of Walton Street Capital of Chicago for approximately $52 million.

TORONTO-The healthcare REIT asks Ontario Superior Court to force Sunrise Senior Living REIT to comply with their purchase agreement and enforce a standstill agreement with Health Care Property Investors.

TORONTO-The healthcare REIT asks Ontario Superior Court to force Sunrise Senior Living REIT to comply with their purchase agreement and enforce a standstill agreement with Health Care Property Investors.

LAS VEGAS-The 64,000-sf center on 8.4 acres at Rainbow and Sunset boulevards sells for $24.5 million.