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SPOKANE-When the city received the federal loan to build part of a mall, part of the plan was repayment of the loan using a portion of Nordstrom sales over $40 million, a hurdle it did not clear for its first reporting period.

LA BELLE, FL-Barron's article triggers stock rise of $4.25 to $22.80, company president W. Bernard Lester tells GlobeSt.com. GlobeSt.com reported exclusively in mid-April that Alico Inc. had granted an option to Ginn Development Co on 4,500 acres in Lee County in a deal valued at about $112 million or $24,888 per acre (57 cents per sf). LaBelle is 102 miles west of Downtown Miami.

SAN DIEGO-The $40-million, 65,000-sf Casino Pauma opens tonight at on the Pauma

LIVERMORE, CA-Ingenuus develops Web-based software for management of manufacturing efforts. Pacific Corporate Center is a 400,000 sf complex located on the Interstate 580 frontage between Greenville and Vasco roads.

ORLANDO-Ten-year-old Admiralty Bank, with assets of $367 million, doesn't see a commercial slowdown as it focuses on providing acquisition and development loans to site developers.

PHOENIX-The Pivotal Group has lured a veteran Phoenix developer out of retirement for Valley's first high-end condo project in more than a decade. Ground breaks May 29 on the 56-unit Esplanade Place, which costs upward of $30 million.

DENVER-Matrix Capital Bank, the fourth-largest savings and loan in New Mexico, may move its headquarters and a retail bank to Denver within the next six to nine months. The bank's parent already is headquartered here.

PALO ALTO, CA-The online publication that collects, summarizes, and publishes opinions on hotels, resorts, and inns says it will restrict entries in the Brokerage Services section of its website to agents with hotel industry experience.