ATLANTIC CITY, NJ-The casino resort Revel, once believed to be worth about $2.4 billion, is now valued at between $400 and $500 million.

NEW YORK CITY-RDA Holding Inc., the publisher of Reader's Digest, filed a reorganization plan yesterday that calls for shedding 80% of its debt via the conversion of $231 million of notes into equity.

NEW YORK CITY-Comcast signed a deal Thursday to acquire most of the floors at the famed 30 Rockefeller Center.

ORLANDO-The hotel sector in Orlando was hot in February, perhaps fueled by the cold weather in the northern part of the nation.

JACKSONVILLE, FL-Hanjin Shipping Company Ltd. has shelved a $300-million plan to build a container shipping terminal at the Port of Jacksonville.

GENEVA, IL-Cadence Health is now developing a new cancer center on its campus, part of nearly $100 million in improvements planned at the Delnor Hospital campus here over the next three years.

BENSALEM, PA-Korman Communities has closed on $90 million in financing for its Country Lights garden apartment community here.

BALTIMORE-An auction for the boutique hotel the Inn at the Black Olive was cancelled after the ownership filed for Chapter 7 bankruptcy protection this morning.