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SAN DIEGO-Joanny, Liliane and Philippe Leroy have acquired an industrial property located at 6144 Federal Blvd. in San Diego from James Welch for $2.4 million.
LAS VEGAS-An apartment and condominium complex in Las Vegas has filed for the reorganization of Chapter 11 bankruptcy to prevent City National Bank's planned foreclosure sale.
NEW YORK CITY-The closing of Off Track Betting parlors in New York City has jeopardized the endurance of the Aqueduct Racetrack in Queens as Genting Bhd. has started constructing the first legal gaming parlor in the adjacent place.
LOS ANGELES-American Reality Capital Trust Inc., a New York City-based REIT, has bought two distribution facilities occupied by tenants Brown Shoe Co. and Payless for $68.78 million.