Last Updated: June 3, 2010 05:21pm ET

Maryland REIT Buys Checkers Hotel for $46M

LOS ANGELES-Chesapeake Lodging Trust acquires the 188-room Hilton hotel in Downtown L.A. from Tarsadia Hotels and will continue to operate it as a Hilton.

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BofA Reevaluates US Real Estate Portfolio

NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.

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