NEWTOWN SQUARE, PA-While the troubled REIT continues as an independent company, it seeks sales or JVs for student housing properties and tightens its belt.

PHILADELPHIA-Within weeks of buying the 134-acre Airport Business Park, Dublin's Castleway renames it Orion Philadelphia and nabs a $2.8-million lease agreement.

PHILADELPHIA-A locally based JV acquires 8.5 acres along the Schuylkill for Philadelphia River City, a 12-million-sf residential, office and retail complex.

PHILADELPHIA-A locally based JV acquires 8.5 acres along the Schuylkill for Philadelphia River City, a 12-million-sf residential, office and retail complex.

PHILADELPHIA-After eight years of wrangling, the Pennsylvania Convention Center Authority approves the design and budget for a 300,000-sf expansion.

PHILADELPHIA-After eight years of wrangling, the Pennsylvania Convention Center Authority approves the design and budget for a 300,000-sf expansion.

PHILADELPHIA-Underwriters exercise the full over-allotment option, adding about $12 million to the offer of approximately seven million shares, priced at $11.20 a share.

PHILADELPHIA-A 12-month bridge loan from Hudson Realty Capital funds pre-development costs for the $315-million mixed-use project at 16th and Vine streets.