BETHESDA, MD—Developer 1788 Holdings and partner Persimmon Capital Partners have started construction on its luxury condominium development The Lauren where asking prices will be in excess of $2.5 million.

WESTPORT, CT—In the largest sales transaction this year in Connecticut and reportedly the largest in Westport's history, Building and Land Technology has acquired the Nyala Farms Corporate Center for $130 million.

NEW YORK CITY-Forest City Enterprises and Greenland USA, a subsidiary of Shanghai-based Greenland Group Co. announced today that they have closed on the previously announced joint venture to develop the Atlantic Yards project in Brooklyn.

PHILADELPHIA—Citing a number of factors, including the city's support for a gaming location in Center City, Penn National Gaming Inc. has announced it has formally withdrawn its bid to develop the $480-million Hollywood Casino Philadelphia

ALBANY—Some arriving by tractor-trailer, a total of 16 development teams involving 17 potential casino projects filed applications for up to four casino licenses in three districts in New York State to the state Gaming Commission here.

TEQUESTA, FL—Terrace Communities has secured a $14.6-million loan to refinance its Tequesta Terrace assisted living facility here.

POMPANO BEACH, FL—The Herrick Co. has sold a two-acre oceanfront development site here for $10.5 million.

WASHINGTON, DC—The District has pushed back the planned St. Elizabeths East redevelopment project and is planning to once again issue a Request for Proposals for a design-build firm to undertake infrastructure work on the venture.