Hotels

DALLAS-The merger creates rare force by teaming six MAI-designated appraisers. HSM Consulting's Mark O'Briant remains president and Tracy Smith Law becomes EVP.

LAS VEGAS-With the casino operator's share price standing above the offer price, a Dubai World subsidiary attracts only 2.4% of the maximum number of shares it could have acquired.

GUANGZHOU, CHINA-Its $40-million investment gives US-based API a 75% interest in the 25-acre mountainside complex.

DALLAS-The REIT, pruning a $2.4-billion buy, reports $35.2 million of net gain to date. Next will be Residence Inns, totaling 472 keys, in Georgia, California and Missouri.

LAS VEGAS-The $5.4-billion management led buy-out of Station Casinos will be considered for final approval by the Nevada Gaming Commission later this month.

LOS ANGELES-Coupling $40 million of equity with $120 million in debt, the duo will acquire and develop select-service hotels in the Western and Southwestern US.

NEW YORK CITY-The hospitality capital brings institutional dollars to five hotel properties located in secondary markets across the US.

CHICAGO-Jim Abrahamson will lead a newly formed team for the development of hotels in North America and Latin America.