SAN ANTONIO, TX-Calpine Corp. of Houston says it has agreed to acquire a 1,050-megwatt combined cycle power plant from Minnesota-based MinnTex Power Holdings LLC for $625 million.

LAUREL, MD-The Goldstar Group of Bethesda, MD has acquired the Ashbury Court Apartments complex here for $23.6 million from Patriot Realty.

BALTIMORE-While analysts disagree as to who is the favorite, the winner of the casino license for Prince George's County will be made by the end of this month.

JACKSONVILLE, FL-A foreclosure action was filed last Wednesday by the city of Jacksonville on the Bostwick building here.

MIAMI-The owner of the Miami Jai-Alai here is proposing to sell the company in a bankruptcy auction.

CHICAGO-Trumbull Property Fund, an entity of UBS AG, has reportedly acquired a 50% stake in the Michigan Avenue retail mall Water Tower Place.

ATLANTIC CITY, NJ-Business leaders are hopeful that changes to the state's economic inventive program will bring new investment and jobs to the Atlantic City area.

PHILADELPHIA-Malvern, PA-based Liberty Property Trust, while still engaged in office development, has spent considerable capital to become a player in the industrial market.