LAS VEGAS-The Wynn Resorts subsidiary sells 1.25 billion shares--a 25% stake in itself on the Hong Kong Stock Exchange for US$1.30 per share, generating $1.625 billion in gross revenue.

LAS VEGAS-The Wynn Resorts subsidiary sells 1.25 billion shares--a 25% stake in itself on the Hong Kong Stock Exchange for US$1.30 per share, generating $1.625 billion in gross revenue.

SAN FRANCISCO-The former EVP and chief investment officer for BRE Properties joins the locally-based real estate private equity firm, which is believed to be raising capital for a new fund.

SAN FRANCISCO-The developer of the Ritz-Carlton Residences at 690 Market St. sells the project's 5,223 square feet of the retail space to local high-net-worth investors Che Chen Liu and Shu Fin Liu.

AURORA, CO-The private apartment investor from Chicago acquires the Highland Point Apartments here from the Chicago-based apartment REIT for $16.5 million.

LAS VEGAS-The term lenders for Fontainebleau want the Ch. 11 bankruptcy for the 70%-completed resort to become Ch. 7 liquidation.

DENVER-The distribution REIT forms a new group to provide development management services work for renewable energy projects, including a project in Spain.

DENVER-The distribution REIT forms a new group to provide development management services work for renewable energy projects, including a project in Spain.