PHOENIX-One of the state's oldest and best resorts, the Arizona Biltmore, is up for sale and could fetch as much as $320 million.

AUSTIN-CLB Partners Ltd. is sizing up July 2001 to break ground on an 82-unit loft project along Shoal Creek. There are still some unknowns about the project, but one thing's for sure--each unit comes with a view of Town Lake, Downtown or the Capitol.

WASHINGTON, DC-RFS Hotels Investors, a hotel REIT, is moving operational management of 50 hotels from Hilton Hotels Corp. to the newly-formed Flagstone Hospitality Management, an alliance between MeriStar and RFS.

WESTBOROUGH, MA-In anticipation of future development, EMC Corp., the information storage company, placed 190 acres under agreement here and plans to buy an additional 100 acres pending approval of a zoning change.