PHOENIX-NZ Corp. is pushing ahead on a merger plan with California-based Lipid Sciences. The long-time Arizona and New Mexico land investor has been selling its assets for about a year as the strategy unfolds to become part of the medical tech field.

AUSTIN-American Vantage is locked in talks to buy the 97-room Adventure Inn, part of an eight-acre holding at Horseshoe Bay. But, a company VP cites SEC regs as she maintains silence about the details for a 250-room hotel and conference center.

CORAL GABLES, FL-The locally based bank holding company is calling 697,117 in outstanding preferred shares just days after netting about $74 million on the sale of newly issued common stock. BankUnited is an active commercial real estate lender.

AUSTIN-It's a slower industrial sector than last year in the state capital, but the numbers show that tenants are gaining ground in a historic owners' market. The sector is holding its own while bracing for 850,000 sf of sublease to free up in Q3.