DENVER-A former Colorado attorney and real estate investment manager has been sentenced to 14 years in federal prison after causing at least 77 investors to lose a total of about $12.3 million. Some Texas properties were involved.

FORT WORTH—California Company Jacobs Engineering keeps its downtown Fort Worth office, but will let go of some space, moving its operations to the 24-26 floors at 777 Main St.

SUNNYVALE, CA—The Jay Paul Co. has purchased a 15.67-acre, three-building office complex from Arden Realty. New acquisition deepens company's presence in the Moffett submarket.

PLANO—The Medical Center of Plano, will spend $66 million to expand its 427-bed acute-care hospital.

FORT WORTH, TX—A proposal tohike impact fees on new development would curb a housing recovery real estate and business groups told the City Council on Tuesday.

ALBUQUERQUE, NM—Grubb & Ellis sells the 7,000 square-foot Otoño Plaza office complex for $1 million to Great River Technology.

BERKELEY, CA/PARK CITY, UT—Gemstone Hotels & Resorts has acquired the Hotel Durant in Berkeley Calif. The 144-room boutique hotel is adjacent to the University of California Berkeley campus.

CHICAGO—David Egan has joined CBRE Chicago as Director of Research and Analysis.The company it is expanding and deepening its research and analysis platform to enhance mining the firm's proprietary “big data” resource. Egan's role and expertise will help launch this effort.