MAMMOTH, CA-The Vancouver, BC-based resort developer agrees to sell the interest to an entity controlled by Starwood Capital Group Global LLC while retaining the other 15% as well as the management assignment.

DUBAI-The Trump Organization enters into a joint venture with the developer for hotel and condominium developments on its man-made islands in the Persian Gulf.

MONROE, WA-The 222-unit garden-style complex here is acquired by a fund of publicly held Essex Property Trust of Palo Alto for $19.75 million.

HONG KONG-Locally headquartered Bestride Holding Ltd. and Dellisart Lodging of Alpharetta, GA form Dellisart American Hotels & Resorts Ltd. to manage four- and five-star hotels in China. The joint venture starts with two properties in hand and a goal of 60.

HONG KONG-Locally headquartered Bestride Holding Ltd. and Dellisart Lodging of Alpharetta, GA form Dellisart American Hotels & Resorts Ltd. to manage four- and five-star hotels in China. The joint venture starts with two properties in hand and a goal of 60.

PORTLAND, OR- HSC Real Estate Management out of Seattle sells Parkside Commons on North Columbia Boulevard to Tuxedo Park LLC for $6.3 million.

SAN FRANCISCO-Divco West and Page Mill Properties LP hire a brokerage firm to market a 4 million-plus-sf portfolio of office and other commercial assets that the sellers value at upward of $1 billion. More than half of the space is located in the Bay Area.

SAN FRANCISCO- The portfolio is dominated by assets acquired and owned by the Divco's Page Mill Properties Fund, which was formed in late 2001 to invest in the tech- and dot-com crash markets. The largest assets in the portfolio are Market Center in San Francisco and the 1.2 million-sf Crosspoint development in Boston.