Rockwood Capital L.L.C. recently shelled out $90 million to acquire a vacant 500,000-square-foot Silicon Valley office campus that will be redeveloped into a Class A property.

Along with a local investment group, Innovative Student Housing has created a joint venture, Cardinal Student Housing and Development, to create an 830-bed community near the University of Louisville.

One year after sbe, a hospitality and real estate development company, and Stockbridge Capital Group L.L.C. shut the doors of the Sahara Hotel & Casino to assess new options for the iconic gaming destination, the partners have obtained $300 million in financing for a redevelopment project that will transform the Sahara into SLS Las Vegas.

Fanfare aside, the building’s new stature as Manhattan’s tallest provides an opportunity to take stock of the world’s most closely watched redevelopment site.

Starwood plans to open a trio of hotels in Dubai by 2017, while Marriott eyes a new flag in Santo Domingo.

Trammell Crow Co. and a subsidiary of One Liberty Properties Inc. are about to add more than a half-million square feet of premier space to the suburban Dallas office market.

The 39-year-old Valley View Center, a mall located on 1.65 million square feet of property in North Dallas, will be transformed into Dallas Midtown, a mixed-use lifestyle project, as part of a $2 billion redevelopment project planned by its new owners.

Vision Group’s plan for the sprawling industrial center in Lebanon County, Penn., entails three Class A facilities totaling nearly 1.9 million square feet and Panattoni has purchased a 129-acre tract for a 1.5 MSF development.

Avalon, a $600 million, 87-acre mixed-use project to be developed in Alpharetta, Ga., by North American Properties, passed its last regulatory hurdle Monday night when the Alpharetta City Council approved the development.

Hines and its joint venture partner — a group of institutional investors advised by J. P. Morgan Asset Management — have broken ground on the second office tower at La Jolla Commons in San Diego’s University Towne Center submarket. The project will result in a 415,000-square-foot building that will be occupied in its entirety by LPL Financial.