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EAST RUTHERFORD, NJ—Local election results should convince Triple Five—the developer of the controversial American Dream project here— to move forward quickly with its financing plan, says East Rutherford Mayor James Cassella.
MOUNT RAINIER, MD—The Redevelopment Authority of Prince George's County has selected The Menkiti Group for a mixed-use development at the 3300 block of Rhode Island Avenue here.
MASHANTUCKET, CT—The $120-million Tanger Outlets at Foxwoods, which is under construction here, is scheduled to have its grand opening on May 21, 2015.
WEST PALM BEACH, FL—Brokerage firm Marcus & Millichap reports it has brokered the sale of 32 units in The Edge Condominium, a 307-unit property here for $6.5 million.
CHARLOTTE, NC—Extended Stay America, Inc., based on its heady returns on its renovated properties, it plans to speed up its renovation schedule and will now upgrade an additional 85 hotels in 2015.
PHILADELPHIA—The former Frankford Chocolate factory property, owned by the late New York City-based hotelier Truong Vinh Tran, has been put on the market for sale.