MINNEAPOLIS-GLM, LLC owns the 124-suite hotel located in the heart of the Minneapolis Central Business District. The financing at 8.28% is originated by Prudential Mortgage Capital's conduit program.

DALLAS-It's not just in Texas, but everywhere that lenders have grown exceedingly frugal about financing new development. Developers are toughing it out as lenders impose more restrictions regardless of credit worthiness.

SOMERVILLE, NJ-Somerset Medical Center's board has okayed the project, and is expected to begin lining up the funding to add and/or renovate a total of 220,000 sf of medical care space.

SALEM, OR-With the Legislature having missed its chance to rewrite the property measure compensation bill, Measure 7 is solely in the hands of the Oregon Supreme Court. Oral arguments on the law's constitutionality are scheduled to begin this fall.