TAMPA, FL-The 50%-occupied Lake Walden Square is one of seven value-add properties subject to a right of first offer between Developers Diversified and Macquarie.

SNELL ISLE, FL-The Laramar Group acquires Snell Isle Luxury Apartments, a former condo project, with plans to spend $11 million on renovations.

DALLAS-Apollo, Aimbridge and JF Capital close on Eagle Hospitality, triggering a $37-million rehab for the 3,516-key, 13-hotel buy. The REIT's name stays as it swings private.

'How will the credit crunch impact recruiting?'