SAN FRANCISCO-The locally based apartment REIT commences a cash tender offer for $300 million in notes and closes on a pair of 10-year, $310-million loans.

SAN FRANCISCO-There is reason for being hopeful but the current reality is poor fundamentals.

SAN FRANCISCO-There is reason for being hopeful but the current reality is poor fundamentals.

LAS VEGAS-The pace of occupancy declines may be slowing, in part due to a steep decline in room rates. Gaming revenue, down more than 23% on the Strip, rose in a couple of locals' markets thanks to new product.

LAS VEGAS-The pace of occupancy declines may be slowing, in part due to a steep decline in room rates. Gaming revenue, down more than 23% on the Strip, rose in a couple of locals' markets thanks to new product.

LAS VEGAS-The purported interest would have been Crown's fourth recent play for gaming-related investments here behind Fontainebleau, Cannery Casinos and the Wet 'n' Wild site.

LAS VEGAS-The purported interest would have been Crown's fourth recent play for gaming-related investments here behind Fontainebleau, Cannery Casinos and the Wet 'n' Wild site.

ALAMEDA, CA-The developer is seeking signatures for a ballot measure that would allow it to triple the number of housing units initially planned for the former Alameda Naval Air Station.