PHOENIX—A Dallas-based private real estate fund advised by Crow Holdings Capital–Real Estate sold Scottsdale Horizon Shopping Center, a 154,766-square-foot neighborhood shopping center located at 14850 N. Frank Lloyd Wright Blvd. in Scottsdale. Weingarten Nostat, Inc. purchased the property.

MIAMI—The Value Place hotel chain is finalizing plans to build a new hotel in Miami. The Wichita, KS-based extended-stay hotelier is also building new hotel properties in Davie and Lake Worth FL.

LOS ANGELES—A joint venture between AWH Partners and Starr Cos. purchased the 488-room Burbank Airport Marriott, which is the second Marriott to trade hands in one month.

NEW YORK CITY—Overseeing the city's biggest industry organization is a sizeable job on its own, but REBNY president Steven Spinola added numerous accomplishment to his almost three decades at the top of the organization.