Last Updated: May 27, 2004 10:48am ET

ParkCrest II at Innisbrook Sells for $41M

PALM HARBOR, FL-Crescent Heights Co. of Miami pays CKT Development Co. of Tampa, FL and Nationwide Realty Investments of Columbus, OH $104,293 per unit for the 396-unit garden apartment community at 2230 Tuscany Trace facing the Gulf of Mexico.

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Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.