NEW YORK CITY—A partnership of the Chetrit Group and Clipper Equity have secured $228.5 million in construction financing for the office and residential condominium conversion of the former Flatotel property here.

DEWEY BEACH, DE—The developers of the Lighthouse Cove project here have put off planned renovations to some existing hospitality space and instead are looking to add more condominiums and hotel space.

WASHINGTON, DC—While the General Services Administration has canceled a pre-solicitation for construction management services, the agency says the renovations to the Center Building will proceed as planned.

DOWNINGTOWN, PA—Locally-based E. Kahn Development Corp. has acquired nearly 50 acres of land near the Downingtown Country Club here from the Archdiocese of Philadelphia.

ATLANTIC CITY, NJ—Mayor Donald Guardian has thrown some cold water on a long-shot plan by Trump Entertainment and billionaire Carl Icahn to buy the Trump Taj Mahal.

NEW YORK CITY—Madison Realty Capital reports it has provided another $32 million in financing for the St. John's Queens Hospital redevelopment project in Elmhurst. The new construction loan will facilitate the completion of construction of the mixed-use project being developed in Elmhurst.

BOSTON—ASB Real Estate Investments of Bethesda, MD has acquired the Element apartment building here and also has agreed to purchase the Edge and Eco apartment properties all within the city's Green District. Combined the deals will add 283 units to the firm's portfolio.

MIAMI—The Miami office of Coldwell Banker Commercial Alliance will soon have a new address—801 Brickell.