WASHINGTON, DC—The REIT is also buying back its shares and has secured a new credit line.

BOSTON—Gencom, a Coral Gables, FL-based luxury hospitality and residential mixed-use real estate investment firm, has acquired the iconic 114-room Ames Boston Hotel.

DALLAS—Another Austin-based company is headed to Sylvan | Thirty.

SACRAMENTO—The California Supreme Court's opinion said an expansion would tend to complicate a variety of residential, commercial and other projects beyond what a fair reading of the statute would support, which is good news for the development community.