RYE BROOK, NY–Preferred Investment Solutions Corp., a member of the Kenmar Group of Greenwich, CT, is considering leasing approximately 40,000 sf of space at 900 King St. here for its new corporate headquarters. Officials with the investment fund management firm say that the company is also considering sites in Fairfield County, CT.

ALBANY, NY-The Solomon Organization of Mountainside, NJ has acquired 12 residential apartment communities in the Capital District area here totaling more than 2,700 units from DCG Development Co. of Clifton Park, NY.

GREENWICH, CT-The owner of a women's footwear company purchases 411 West Putnam Ave., a 105,000-sf office building on Route 1 here, for $32.3 million and plans to move his shoe company from down the block to approximately 25,000 sf.

NORTH HAVEN, CT-Belfonti Associates acquires Briarwood Hills, a 176-unit rental apartment complex at 100 State St. here, for $13.25 million. Belfonti owned the asset more than a decade ago.

NEW ROCHELLE, NY-Developer Louis Cappelli secures two major deals, one with Donald Trump and another with the city, which will eventually involve new development in the Queen City approaching $750 million.

WHITE PLAINS-Starwood Hotels & Resorts Worldwide, Lehman Brothers and Starwood Capital plan to make a series of proposals to acquire the brand, management and franchise business of Le Meridien Hotels & Resorts, as well as the owned and leased hotel portfolio of the financially troubled London-based hotelier.

WHITE PLAINS-Starwood Hotels & Resorts Worldwide, Lehman Brothers and Starwood Capital plan to make a series of proposals to acquire the brand, management and franchise business of Le Meridien Hotels & Resorts, as well as the owned and leased hotel portfolio of the financially troubled London-based hotelier.

WESTPORT, CT-Investcorp of New York City acquires a seven-building, 145,782-sf office portfolio that is 100% leased along the Saugatuck River here for $54.1 million.