GREENWICH, CT-Starwood Property Trust Inc. intends to spin-off its single-family home rental division into a new REIT that will be managed by the management division of Waypoint Real Estate Group.

NEW YORK CITY-Mount Sinai Hospital, which recently took over St. Luke's Hospital in Morningside Heights here, is considering selling a portion of its campus.

ORLANDO-The Orlando City Council is set to meet on Monday to possibly approve the land sale that would clear the way for the Orlando Magic to build a new $100-million headquarters and entertainment complex here.

RALEIGH, NC-In a sale between two Baton Rouge, LA-based firms, a 156-acre residential tract has changed hands and construction on a major home development here is expected to begin soon.

SPRINGFIELD, IL-A new bill unveiled on Thursday would grant Archer Daniels increased incentives to keep its global headquarters in the state of Illinois.

ALBANY, NY-New York Gov. Andrew Cuomo announced on Thursday that the state will receive up to $1.6 billion in federal low-interest financing for the new Tappan Zee Bridge.

TAMPA-The Port of Tampa unveiled on Wednesday the completed first phase of a $56-million terminal and berth modernization project.

ATLANTA-Five lease deals have been signed at Glenridge Highlands One in Atlanta's Central Perimeter office market totaling 56,000 square feet.