NEW YORK CITY-The CEO who oversaw Real Estate Media's explosive growth plans to step down May 12. The departure ends a 20-year career at the company.

LOS ANGELES-It's a go as far as Arden's people are concerned. The deal, originally announced in late 2005, is valued at roughly $5 billion and is expected to close tomorrow.

LOS ANGELES-It's a go as far as Arden's people are concerned. The deal, originally announced in late 2005, is valued at roughly $5 billion and is expected to close tomorrow.

REITs may be selling to management or to a third party, but they're selling.

NEW YORK CITY-The commercial real estate industry's leading news website is about to take another giant leap forward, with more in-depth news coverage, added features and increased user customization. It's all going to be wrapped in a brand new look.

SAN DIEGO-The city's real estate power broker, Jim Waring, plans to spell out the details of San Diego's review of all municipal leases as well as other points in the program as RealShare rolls out here on May 17.

NEW YORK CITY-While the REIT beefs up its retail stake locally, it sheds two office assets. On the buy side is 609 Fifth, a mixed-use office/retail asset, and 25-27 W. 34th St. and 29 W. 34th St. Meanwhile, 286 and 290 Madison Ave. are shed for $63 million.

NEW YORK CITY-While the REIT beefs up its retail stake locally, it sheds two office assets.