BILOXI, MS-Twin River Worldwide Holdings reports it intends to acquire the Hard Rock Hotel & Casino here for $250 million.

WASHINGTON, DC-U.S. District Court Judge Rosemary Collyer dismissed the Washington Metro Area Transit Authority (Metro) on Wednesday in a $100-million lawsuit over property located above the Shaw-Howard/Florida Avenue Metro station.

WASHINGTON, DC-Citi Community Capital and New York City-based Jonathan Rose Cos. has acquired the four-acre Channel Square Apartments development in Southwest Washington, DC for $35.2 million and plans to convert the complex into a more environmentally sustainable community.

PHILADELPHIA-A bill that would enhance incentives in order to attract or retain business in the city cleared a key committee.

NEW BRUNSWICK, NJ-A Rutgers University economic analysis indicates that the New Jersey economy, which currently lags national growth, will grow at a pace 15% slower than the national growth rate over the next 20 years.

ALBANY-Long Island was among the winning regional councils to secure top funding from Gov. Andrew Cuomo's Regional Economic Development Council funding initiative, while New York City and the Mid-Hudson Valley regions did not fare as well.

BRANDON, FL-An affiliate of the United States Automobile Association of San Antonio has paid $6.5 million for nearly 37 acres of land here where it plans to build a new 420,000-square-foot office facility.

MIAMI-Locally-based Related Group and partner GTIS Partners have closed on its $104-million purchase of a site that includes 444 Brickell Ave. and an adjoining office building.