Summerview Square is a town-house-style apartment project going up in Norwalk after a previous developer walked away, leaving squalor in his wake.

In Manhattan, parking lots and garages are making way for all sorts of development, especially luxury condominiums.

Larkspur Hotels has sold another property from its four-star hotel collection. This time a direct competitor was the buyer: Kimpton Hotels snapped up the 84-room Riverplace, gaining itself a third property in Portland, Oregon. Terms of the deal were not immediately available. Larkspur has been selling off its four-star properties piecemeal since Farallon Capital, its partner in the properties, decided to get out of its investment in June 2011. The first Larkspur Collection sold to LaSalle Hotel Properties in October 2011...

Sacramento real estate developer Sotiris K. Kolokotronis filed for personal bankruptcy Friday, listing debts of more than $130 million and assets of $3.2 million. Concurrent with the filing, his bankruptcy attorney Walter Dahl issued a news release that said Kolokotronis’ continuing dispute with an investment firm triggered the filing. That firm, an entity of Ayres Advisors of San Diego, has been pursuing a $16.5 million judgment against Kolokotronis for several years. The Chapter 7 liquidation case could resolve that judgment and protect some of Kolokotronis’ personal assets...

Addison-based Behringer Harvard says it's current on interest payments on Frisco Square and expects its "technical default" to have minimal short-term impact on the operations of the mixed-use property north of Dallas. Behringer Harvard Opportunity REIT I Inc. defaulted on the balance of $44.1 million in loans it took out for its investment in Frisco Square. The debt came due on Jan. 28 on six tracts of land for the Frisco project, according to a Securities and Exchange Commission filing. Behringer Harvard said it was working to extend the maturity date on the loan...

Addison-based Behringer Harvard says it's current on interest payments on Frisco Square and expects its "technical default" to have minimal short-term impact on the operations of the mixed-use property north of Dallas. Behringer Harvard Opportunity REIT I Inc. defaulted on the balance of $44.1 million in loans it took out for its investment in Frisco Square. The debt came due on Jan. 28 on six tracts of land for the Frisco project, according to a Securities and Exchange Commission filing. Behringer Harvard said it was working to extend the maturity date on the loan...

U.S. Bankruptcy Judge Marc Barreca this afternoon granted a motion allowing $2.8 million to be disbursed to about 200 creditors of bankrupt Seattle developer Michael R. Mastro. Bankruptcy trustee Jim Rigby said unsecured creditors with allowed claims will be getting checks mid-month. Money will be set aside for unsecured creditors whose claims are yet to be determined. The money is coming from proceeds of the December 2010 sale of the Mastros' waterfront Medina mansion for $9.1 million. In granting the motion, Judge Barreca ruled against Monaco businessman Hendrik Dorssers, a Mastro associate...

The Redevelopment Commission of Greensboro anticipates having a master development agreement in place before the end of the year and selling seven acres of city-owned land to a developer in December for a mixed-used project at South Elm and Lee streets. The commission gave a nod to the timeline during its meeting that laid out the three-step process leading up to breaking ground next year on the $42 million project that is expected to include 168 market-rate apartments, retail space, a 75- to 90-bed hotel and 25 town house or condo units...

The Redevelopment Commission of Greensboro anticipates having a master development agreement in place before the end of the year and selling seven acres of city-owned land to a developer in December for a mixed-used project at South Elm and Lee streets. The commission gave a nod to the timeline during its meeting that laid out the three-step process leading up to breaking ground next year on the $42 million project that is expected to include 168 market-rate apartments, retail space, a 75- to 90-bed hotel and 25 town house or condo units...

Scottsdale-based MC Companies and Phoenix-based Clark-Wayland have merged to create a joint venture called MC Clark-Wayland. The venture will focus mainly on development and construction of new multifamily projects in Phoenix and Tucson. The combined company has about 175 full-time employees. It currently has two projects under construction in Tucson. “Together, the company is a full-spectrum real estate company with a depth that investors will appreciate,” said Jere Clark, principal of Clark-Wayland...

Scottsdale-based MC Companies and Phoenix-based Clark-Wayland have merged to create a joint venture called MC Clark-Wayland. The venture will focus mainly on development and construction of new multifamily projects in Phoenix and Tucson. The combined company has about 175 full-time employees. It currently has two projects under construction in Tucson. “Together, the company is a full-spectrum real estate company with a depth that investors will appreciate,” said Jere Clark, principal of Clark-Wayland...

Transmark Co. of Greenwood Village has bought the Broadridge Plaza shopping center in Littleton. The center, on south Broadway and West Ridge Road, sits on 10 acres and includes six buildings with 79,545 square feet of retail space. It was 91 percent occupied at the time of the sale. Transmark, doing business as Broadridge Plaza LLC, bought the property for $4.7 million from sellers Broadridge Jero LLC, the majority owner, and Broadridge Brad LLC. The new owners plan improvements to the common areas and building exteriors...

Transmark Co. of Greenwood Village has bought the Broadridge Plaza shopping center in Littleton. The center, on south Broadway and West Ridge Road, sits on 10 acres and includes six buildings with 79,545 square feet of retail space. It was 91 percent occupied at the time of the sale. Transmark, doing business as Broadridge Plaza LLC, bought the property for $4.7 million from sellers Broadridge Jero LLC, the majority owner, and Broadridge Brad LLC. The new owners plan improvements to the common areas and building exteriors...

Central Ohio’s housing market bore the brunt of the recession and lending freeze in 2008 and 2009, but its decline appears to be slowing given the sales performance last year. Sales of single-family houses and condos in the region tumbled nearly a fourth from 2006, when Ohio’s housing troubles picked up speed. But prices have fallen at less than half that rate, according to the Columbus Board of Realtors. Columbus’ housing market peaked in 2005 for sales and selling prices, but last year’s sales put the market back to 1998 levels, the statistics show...

An abandoned log house with a sinister air, the Smith Mansion in Wyoming is the stuff of legend.

A&B Properties Inc. has reached an agreement to purchase the former CompUsa property in Honolulu from Kamehameha Schools and has plans to develop a residential high-rise condominium tower on the site. Terms of the deal were not disclosed. The property, which is bordered by Ala Moana Boulevard, South and Keawe streets, is part of Kamehameha Schools' master plan to redevelop its 29-acre Kakaako mauka properties and is adjacent to a planned 60,000-square-foot retail and restaurant redevelopment. A&B Properties, a subsidiary of Alexander & Baldwin Inc...

Freebirds World Burrito is opening two new burrito joints in Houston this month. The Austin-based restaurant chain will open a restaurant at the Enclave Shopping Center Feb. 6 and and one in Conroe at 1188 W. Dallas St. Feb. 7. The two new Freebirds locations will employ a total 60 employees. The company known for its “monster”-sized burritos opened a restaurant in Tulsa, Okla. in November. Tavistock Restaurants LLC operates 66 Freebirds in Texas, California and Oklahoma. It founded about 20 years ago.

The handmade house, doughty and particular, is being celebrated in three new books.

Every week in “Top of the List,” denverbusinessjournal.com highlights one of our exclusive lists that appear in the print edition of the Denver Business Journal. The weekly lists rank Colorado businesses and other entities in a host of categories, from law firms to lenders. Online, we give you basic information on the top five from each weekly list. The full list, including additional data on the top five, is available to DBJ subscribers only. And the lists are compiled each year in our annual Book of Lists, which is sent to subscribers and is available for purchase as a desk reference or in digital format...

Medical real estate is a hot item for some commercial brokerage firms right now, and Birmingham-based Shannon Waltchack LLC is hoping to get a piece of the action. The company recently bought a 10,400-square-foot, class-B medical office building at Shelby Baptist Medical Center from Alabaster Dental Associates for $530,000, or $50.96 per square foot, and plan a $250,000 renovation. The two-story building, which was built in 1980 and renovated in 2003, was originally listed at $800,000. Aliant Bank is financing the deal, which bumps up Shannon Waltchack’s medical portfolio to 150,000 square feet, including the second, 20,000-square-foot office building it already owns at Shelby Baptist...