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ATLANTIC CITY, NJ—While the sale of the bankrupt and shuttered Revel Casino Hotel is still in doubt, Wells Fargo is acquiring the casino's tax lien, according to Atlantic City Mayor Don Guardian.
ALPHARETTA, GA—Locally-based Principal Senior Living Group reports it has sold a two-property portfolio of assisted living and memory care communities in Georgia and Kansas to New York City-based American Realty Capital Healthcare Trust II.
ATLANTA—Brokerage firm JLL reports it has been awarded exclusive leasing assignments for three properties totalling approximately 3.2 million square feet of office space in metro Atlanta.
LOWELL, MA—Nearly six months after their purchase of the 1.2-million-square-foot property, Cross Point ownership reports that audio solutions manufacturer Jabra is relocating its North American headquarters to the former Wang office property here.
RESTON, VA—Developer Comstock Partners reported on Monday that it plans to develop a Union Market-styled retailer center at the Silver Line's Wiehle-Reston East station.
PHILADELPHIA—Starwood Hotels & Resorts Worldwide, Inc. has sold its three-hotel complex at Philadelphia International Airport to New York City-based The Lightstone Group and one of its affiliates.
NYACK, NY—At a press conference staged on the Hudson River shoreline on Monday with the new Tappan Zee Bridge construction in the background, Westchester County Executive Robert P. Astorino and Rockland County Executive Ed Day called on Gov. Andrew Cuomo to use a portion of the approximately $5 billion in bank settlement funds the state is receiving to pay for the $3.9-billion new bridge.
MIAMI—Over a six-week period in early 2015, Whole Foods Market plans to open four stores in South Florida, beginning with a store in downtown Miami on Jan. 14.