HILLSBOROUGH, NJ-The township of Hillsborough, in an attempt to encourage new development, is holding a business development summit on Wednesday.

Trepp LLC reports that with spreads tightening, delinquency rates falling and new issuances rising, the outlook for the CMBS sector is bullish. In fact, investors expect $80 billion or more in new issuances this year.

NEW YORK CITY-Live Nation is nearing a deal to sell the Foxwoods Theatre, now home to Spider-Man: Turn Off The Dark.”

NEW YORK CITY-Texas de Brazil has signed an 11,000-square-foot lease at 201 East 60th St. here.

On April 1, the Atlanta Marriott Downtown hotel will officially be re-branded as the DoubleTree by Hilton Atlanta Downtown.

NORTH PORT, FL-A subsidiary of Bank of America has sold the 312-unit Riley Chase apartment complex here for nearly $20 million to an Orland-based firm.

MINNETONKA, MN-Two Harbors Investment Corp., a locally based REIT, reports it has completed a secondary stock offering that has raised approximately $763 million.

Growing demand and positive performance have given apartment developers—and lenders, too—the confidence to move ahead with new projects