PARIS - Carrefour, the European answer to Wal-Mart and the world’s second-largest retailer, is in play.
It is a classic story, involving generational tensions, a senior executive summarily dismissed and pressure from powerful investors hunting for profit. But it is also a very French story because the value of the treasure at the tale’s core — [...]

LAS VEGAS - Owners of the Sahara Hotel and Casino, a Rat Pack hangout and the setting of the original “Ocean’s Eleven” film, are selling the aging property to an investor group.
Officials from Los Angeles-based SBE Entertainment Group and San Mateo, Calif.-based Stockbridge Real Estate Funds said they’re buying the Moroccan-themed casino from Gordon Gaming [...]

An institutional investor’s $36 million purchase of The Park on Bluebonnet, one of Baton Rouge’s higher-end rental communities, ranks as the city’s biggest apartment deal during a year in which space has become tight and thousands of new units are planned.
“We’ve had people from California tell us that pre-Katrina, ‘We would never have looked at [...]

Canadian resort operator Intrawest Corp. has moved to add to its stable of North American ski areas, agreeing to buy Steamboat Ski & Resort Corp. from American Skiing Co. for $265 million in cash.
The acquisition, subject to regulatory approval because of antitrust issues, would increase Intrawest’s Colorado holdings to three and overall resorts to [...]

Venerable Chandler resort, the San Marcos, has a new name, a new hue and a new outlook. And a whole new clientele, said Darlene Heavlin, hotel manager.
While the 295-room hotel did a booming businesses with groups, it had been mostly ignored by the corporate crowd in recent years — despite a star-studded history and a [...]