As handy phrases go, extend-and-pretend is hard to beat. It's a shorthand that is easy to understand and summarizes, whether fairly or not, the approach…

IRVINE, CA-Atlas Hospitality's Alan Reay tells GlobeSt.com that rising RevPAR is helping high-end hotels but may be too little too late for low-end properties.

LOS ANGELES-The Los Angeles City Council gives the go-ahead to developer J.H. Snyder to begin construction of the Vermont apartment project at a long-vacant site at Wilshire Boulevard and Vermont Avenue.

WEST HOLLYWOOD, CA-Charles Cohen, president/CEO of Cohen Brothers Realty Corp., reserves the space for his West Coast real estate operations.

GARDENA, CA-Affiliates of New York City-based Glenmont Capital Management and locally based Cal-Coast Cos. recapitalize the grocery-anchored Gardena Marketplace.

ANAHEIM, CA-Sares-Regis Group sells a 281,548-square-foot distribution building to Pfizer Inc. after buying the note and foreclosing.

EL SEGUNDO, CA-Locally based Partner Engineering says the increase in environmental site assessments that it performs is an indicator that liquidity is returning to the markets.

WASHINGTON, DC-Locally based CoStar Group Inc. and San Francisco-based LoopNet Inc., both publicly held, sign an agreement for CoStar to acquire its rival for cash and CoStar stock.