PUERTO VALLARTA-California-based Pueblo Bonito recently acquired the 180-room Solare Sunset Bay Resort here for $8.2 million with plans to invest an additional $1.4 million in renovations to the lobby, guest accommodations, main restaurant and pool area.

MONROEVILLE, PA-The Chattanooga, TN-based owner of shopping centers acquires 1.4 million sf of retail here that includes the Monroeville Mall and associates properties. The purchase price includes a combination of debt, cash and stock.

SYDNEY-General Property Trust and Lend Lease Corp. are expected to meet again in an attempt to overcome the issues holding up a proposed multi-billion merger of the two entities.

BERMUDA-Locally based Ochtar Capital Partners, formed early this year for the management-led buyout of Lend Lease Corp.'s fund advisory business, is selling a 49% stake in its operation to the real estate division of Sydney-based Macquarie Bank Ltd., and changing its name to Macquarie Global Property Advisors.

RENTON, WA-An entity of Oakland, CA-based AF Evans Co. acquires the Cascade Heights Apartment complex here at a 6.5% capitalization rate from an investor group formed by Seattle-based Horizon Realty Advisors.

SANTA ROSA, CA-Following stints as the Western region president for Houston-based Transwestern Commercial and the chief investment officer for Chicago-based Rreef Capital, Steve Grant is now the chief operating officer at STG Group, a value-add investor run by chief executive John Ziegler.

CLACKAMAS, OR-The 416,628-sf open-air shopping center here is located across from Clackamas Town Center, a 1.2-million-sf enclosed mall that is slated for a 20% expansion. The Portland office of Trammell Crow has the management and leasing assignment.

CHARLOTTE, NC-Simon Property Group says Neiman Marcus will open up an 80,000-sf store at South Park, a 1.3 million-sf super-regional mall owned by Simon Property Group that opened in 1970 and is currently undergoing a $97-million renovation and expansion.