SAN FRANCISCO-The 1,195-room property is the only hotel facing Union Square, a tourist Mecca that is home to high-end retail shops. The seller, an affiliate of New York-based investment bank Blackstone Group, acquired the historic property in 2000 for $243 million.

SAN FRANCISCO-The 1,195-room property is the only hotel facing Union Square, a tourist Mecca that is home to high-end retail shops. The seller, an affiliate of New York-based investment bank Blackstone Group, acquired the historic property in 2000 for $243 million.

LAS VEGAS-The publicly held owner and operator of the Riviera Hotel and Casino on the Las Vegas Strip and the Riviera Black Hawk Casino in Black Hawk, CO, agrees to be acquired by a private investment group that includes Barry Sternlicht.

COLUMBUS, OH- Locally based Continental Retail Development sells four properties to Inland Real Estate.

TOKYO-Japan's Financial Services Agency prohibits JP Morgan Trust Bank from engaging in new real estate related business for six months after a regular inspection finds serious problems with the real estate underlying its securitization products. It is the FSA's third warning against the US banking group in the past month.

TOKYO-Japan's Financial Services Agency prohibits JP Morgan Trust Bank from engaging in new real estate related business for six months after a regular inspection finds serious problems with the real estate underlying its securitization products. It is the FSA's third warning against the US banking group in the past month.

LAS VEGAS-Larry Snyder, one of the nation's foremost MAI appraisers of gaming properties, agrees to dissolve his locally based company and lead CBRE's effort to grow its gaming appraisal business.

BLAINE, WA-After a long search in the Bay Area, locally headquartered Diversified Bio-Medics says it will develop an 80,000-sf pharmaceutical manufacturing plant somewhere in Snohomish County as soon as it finds the right site.