SCOTTSDALE, AZ—The $815-million deal represents an opportunity for Colony Starwood to convert the portfolio "from managed to wholly owned assets," says CEO Fred Tuomi.

MIAMI—Here's a look at the trends, announcements and deals you may have missed early this week in Florida.

MIAMI—Here's a look at the trends, announcements and deals you may have missed early this week in Florida.

HOUSTON—Defying national retail trends due to a diversified economy and population growth, Houston retail jobs jumped 5.1% during the last year, while average rents soared 3% to an all-time high.