UNION GAP, WA-The Gresham, OR-based retail property owner and developer takes out a $45-million loan on the 23-acre property, which holds a 482,861-sf, recently renovated mall and a 176,915-sf newly developed power center.

BEIJING-Several months after the March outbreak of the Severe Acute Respiratory Syndrome, or SARS, international arrivals to the country are beginning to recover, according to a hotel market report by the Singapore office of HVS International.

SAN FRANCISCO-Allen Matkins Leck Gamble & Mallory LLP next June will move to the Boston Properties office building from 333 Bush, where its lease is up at the end of May.

SEATTLE-With some of its systems failing, the 12-story, 93,500-sf Cobb building on the University of Washington's Metropolitan Tract Downtown will be emptied of its tenants and converted into a 77-unit apartment building.

SAN FRANCISCO-Allen Matkins Leck Gamble & Mallory LLP next June will move to the Boston Properties office building from 333 Bush, where its lease is up at the end of May.

PORTUGAL, SPAIN-The hotel company based in Chevy Chase, MD, is the new manager of a golf resort in the Estoril coastal region of Portugal. A $20-million renovation and expansion is scheduled to begin next year.

LOUISVILLE, KY-The locally based healthcare REIT sells 10 of its under performing facilities to its primary tenant, Kindred Healthcare Inc., which says it plans to flip the properties as soon as possible.

NEW ORLEANS-A 60-acre former public housing project in this city's historic Lower Garden District is being redeveloped with 1,088 new apartment units and 290,000 sf of commercial and retail space.