PHILADELPHIA-Citing rising costs and abundance of condos, the developer retreats on building 300 units.

PHILADELPHIA-Citing rising costs and abundance of condos, the developer retreats on building 300 units.

ROCHESTER, MN-Site work is under way for the Shoppes on Maine, set to open in September 2007.

ROCHESTER, MN-Site work is under way for the Shoppes on Maine, set to open in September 2007.

CHICAGO-By mid-year, US hotel sales reached $21.8 billion, versus $21 billion for all of 2005.

PHILADELPHIA-Soluna Cafe & Bakery will open on healthcare campuses in Houston, San Diego and Columbus, OH.

NORRISTOWN, PA-In line with a strategy shift, AMC Delancey puts the 10-story, 228,000-sf One Montgomery Plaza up for sale.

PALATINE, IL-Marquette acquired the 612-unit rental multifamily in February and is investing $10 million in upgrades.