Hotels

RAHWAY, NJ-Diversified Communities has brought in DeBartolo Development to help build Rahway Town Center, anchored by 150,000-sf of retail.

FORT LAUDERDALE, FL-Tarragon Corp. sells a one-acre Downtown site planned for condos to Simmons Vedder & Co. for a development with office, hotel and retail space.

DALLAS-Transwestern Dallas and Delta Associates kick off the forecast season, predicting the region's fundamentals stay in the black as the nation's economy slows.

CHICAGO-DLA Piper's survey found 63% have had transactions delayed or canceled and nearly 49% have had lenders change loan terms before closing.

LAS VEGAS-The real estate and business development company closes on the first of three properties here that it will convert to its Siegel Suites brand of hotel-apartment hybrids.

IRVINE, CA-Filings drops slightly on a monthly basis but nearly doubles from last year, creating continued uncertainty in capital markets.

NEW YORK CITY-The Trump Organization formally launched its Hotel Collection last night and rolled out an aggressive worldwide strategy for ground-up development.

ATLANTIC CITY-It has been in the works for over two years, and the 3,000-key property will take close to four years to complete, company officials say.