DECATUR, GA--Charlie Hendon, president, Hendon Properties, plans a multi-million-dollar renovation of the 23-year-old, 650,000-sf retail center he recently bought from Toronto-based Cadillac Fairview.

JACKSONVILLE, FL-Despite recalculations of the REIT's funds from operations and net income to be done for the fourth quarter, Martin E. Stein Jr., chairman and CEO of Regency Centers Corp., says the company's financials are healthy.

JACKSONVILLE, FL-Zeroing in on a strong senior housing investment market, Royal Senior Care of North Miami Beach paid Fru-Con Development Corp. of Ballwin, MO $7.3 million, or about $79,620 per unit, for the 92-unit Ashford Court at Marsh Landing.

ATLANTA-Eager to capitalize on an investor-hungry market, joint owners Triad Properties Corp., Trammell Crow Co. and Real Estate Capital Partners have placed the 527,000-sf Midtown tower on the selling block, even as occupancy approaches 100%.

ORLANDO-IFG Network Securities of Atlanta has 30 days to pay the customer or appeal the Oct. 14 ruling of a three-member arbitration panel of the National Association of Securities Dealers.

ATLANTA-After three years of land assemblage, project planning and sometimes heated talks with area residents, Sembler Co. of St. Petersburg, FL broke ground today on Edgewood Retail District, a planned 42-acre, 800,000-sf shopping center and 150-unit residential community in the city's historic Little Five Points area.

JACKSONVILLE, FL-The commercial real estate subsidiary of locally based Florida East Coast Industries improved its rental properties' operating profit before depreciation and amortization expense to $10.4 million from $9 million.

MCDONOUGH, GA-In one of the largest industrial leases of the third quarter, Tampa, FL-based IFCO-US LLC is taking the space at the three-year-old, 1.4-million-sf Interstate South Industrial Park here, about 30 miles south of Downtown Atlanta.