LONG BEACH, CA-HEI Hospitality acquires the 393-room hotel and executive meeting center from an AEW partnership, tapping HEI's $275 million HEI Hospitality Fund.

DENVER–General manager John Schafer wants to distinguish his hotel at 17th and Welton streets, now a Hyatt Regency, as something other than "the old Hyatt" when the 1,100-room Hyatt opens later this year across from the Colorado Convention Center.

BELLAIRE, FL-Insisting on secrecy without any public discussion, Pennsylvania real estate investor Scott Urdang, majority owner of the 107-year-old, 244-room, 22-acre property on Florida's west coast, tentatively scotches the proposed sale of the historic property to Belleare Redevelopment Group, brokers intimate with the deal tell GlobeSt.com.

ST. PETERSBURG, FL-An interest rate hike, an improved stock market and increased demand for capital could dent the current retail development surge in coming years but Trammell Crow Co. senior vice president John M. Crossman doesn't think that will happen, he tells an International Conference of Shopping Centers seminar.