CHICAGO—According to a lobbying group for hotel owners,commercial operators use the popular site as a way to avoid licensing requirements, a charge Airbnb denies.

ATLANTA—“Millennials are fueling the growth of independent boutique hotels and the new branded boutique hotels.”

ALEXANDRIA, VA—A lot of associations in Old Town are looking for strategic solutions using their real estate right now, West, Lane & Schlager's Andrew Genova tells GlobeSt.com's Erika Morphy.

TOTOWA, NJ—The Hampshire Companies acquired 700 Union Boulevard in Totowa, NJ, from the P.F. Laboratories subsidiary of Purdue Pharma for approximately $20 million.