BERLIN-The Kempinski, Pan Pacific, Rydges and Wyndham hotel chains--each dominant on a different continent--form a worldwide cross-marketing alliance for their 235 upscale and luxury hotels and resorts.

SPOKANE, WA-With its joint venture partner in bankruptcy, the Seattle-based developer is not sure how things will proceed with regard to its planned redevelopment of a 76-acre strip of land that stretches 1.3 miles along the north bank of the Spokane River, overlooking the Spokane CBD.

MEXICO CITY-The 600-room property is connected via skywalk to Latin America's busiest airport. The new owner is Grupo Angeles Empresarial, the owner of the Camino Real hotel chain.

NASHVILLE, TN-Murphy Development of Knoxville, TN secures $12.4 million in debt and equity financing for a 156-unit affordable housing development here called Alta Lake Apartments.

CHATTANOOGA, TN-Sticking with its strategy, locally based CBL & Associates acquires two dominant regional malls, one in Terre Haute, IN and another in Daytona Beach, FL. The sellers were entities advised by Faison & Associates LLC.

SEATTLE-After two years without it, the Seattle City Council removes some loopholes and reinstates a program that allows new multifamily projects of four or more units in certain neighborhoods to be exempt from property tax for a period of 10 years.

VANCOUVER, WA-TriStar Transload PNW Inc. doubles its leasehold at the Port of Vancouver to accommodate its growing business with the building materials industry.

MOFFETT FIELD, CA-NASA envisions a facility here with up to 250 lodging rooms and significant meeting space. The project will anchor a 213-acre research park under development on the former Naval Air Station. RFQ responses are due mid-May.