PHOENIX-McCarthy Building Cos. has snagged the state's first design-build project under legislation passed last year. The $34.5-million Arizona State Civil and Behavioral Hospital breaks ground in August.

CHICAGO-An increase in supply has become evident in the western suburbs, where AMLI Residential Properties Trust has five properties. The REIT also is keeping an eye on the local corporate housing market.

NEWPORT BEACH, CA-Edwards Theatres Circuit Inc. has finalized a deal with The Anschutz Corp. and OCM Principal Opportunities Fund II LP that will allow the struggling theater chain to emerge from bankruptcy.

BOCA RATON, FL-The owner-operator of luxury resorts approves a plan to reacquire up to about 2.7 million shares of the 40.4 million shares outstanding. Since the announcement, the company's common stock has dropped about 12 cents a share.