HOUSTON-Phillips Development cranks up work on the last phase of the $211-million condo project near Texas Medical Center. The next wave of condos will deliver in fall 2008.

HOUSTON-Glimcher sells a second mall to a local buyer and the last one that it had up for sale in the city. This time, the 794,104-sf Northwest Mall passes to Levcor Inc.

HOUSTON-Glimcher sells a second mall to a local buyer and the last one that it had up for sale in the city. This time, the 794,104-sf Northwest Mall passes to Levcor Inc.

NEW YORK CITY-According to a recent report, while 'easy money' may be gone, long-term investors still target prime assets.