At the top of hill: Karl Landreneau, NAI/Latter & Blum director of commercial sales and leasing in Baton Rouge and Lafayette, has been awarded NAI Global’s Chairman’s Award for performance in 2011. The Chairman’s Award recognizes the NAI Business Director who best exemplifies the “right stuff” as it relates to the effective management of an NAI office, including leadership, business generation, service delivery, participation in enterprise initiatives and integration of NAI tools and resources throughout the firm.
Cashing in the chips: Isle of Capri Casinos Inc. is selling a Biloxi casino and hotel to Golden Nugget Biloxi Inc. for approximately $45 million. The transaction for the Isle Casino Hotel is subject to regulatory approval and other customary closing conditions, Isle of Capri says. Golden Nugget Biloxi is a subsidiary of Landry’s Inc., which is owned by billionaire Tilman Fertitta. Isle of Capri, which is based in St. Louis, has 15 casino properties across the United States.
Developers score $4B: More than 25 billion apps have been downloaded from Apple’s app store, the company announced today. Apple says the downloads came from more than 315 million iPhones, iPads and iPod touches. The app store has more than 550,000 apps, some of which are free. Chunli Fu of Qingdao, China, downloaded the 25 billionth app and won a $10,000 iTunes gift card. The app store launched four years ago. Apple says the store has paid out more than $4 billion to developers.
