CARLSBAD, CA—Grand Pacific Resorts has leased a 3.15-acre property next to the Crossings at Carlsbad golf course and plans to add 71 hotel rooms to the existing Sheraton and rebrand the hotel.

PHILADELPHIA—While the ruling allows the sale of the shuttered casino to proceed, a federal appeals court ruled on Friday in favor of a major tenant of the Revel Casino Hotel in Atlantic City.

NEWARK, NJ—Most of the claims leveled by locally-based Prudential Financial against Bank of America in a federal lawsuit were dismissed by a US District Court Judge.

CHICAGO—The 43-story River North tower has been welcoming tenants for a little over a year, and is six months ahead of schedule.