ORLANDO, FL—Bill Lenehan brings a real estate background that includes senior roles at Evoq Properties and Farallon Capital Management to the Olive Garden brand owner's planned separation of Four Corners Property Trust.

CHICAGO—Separately, shareholder Cascade Investment LLC, controlled by Bill Gates, said in a regulatory filing that it had entered a confidentiality and standstill agreement with the lodging REIT.

LONDON—Part of the British government's plan to privatize state-owned assets, the sale of the stake in the 67-acre redevelopment is expected to bring in approximately US$562 million.

HARTFORD, CT—Joy Winterfield joins as the asset manager's managing director of global portfolio, while Albert Yang joins as managing director and head of business development—Europe.

NEW YORK CITY—ABNY chairman William Rudin says Angela Sung Pinsky “brings a wealth of experience and a deep appreciation for what can be accomplished” when the public and private sectors work together.

NEW YORK CITY—For many loans among the $125 billion-plus in Fitch-rated CMBS due to mature by the end of 2017, the ratings agency sees additional pressures coming in the form of higher interest rates.

SOUTHAMPTON, NY—With Tate's Bake Shop signing up for headquarters and distribution space, the first building at Rechler Equity Partners' Hampton Business District is nearing full occupancy.

FAIRFIELD, CT—The sale of GE Capital Bank furthers the parent company's goal of exiting the financial services business, while giving Goldman Sachs more traction in establishing an online consumer lending platform.