NEW YORK CITY-Leading investment bank is in talks with Bernd Farnholz's Dresdner Bank about a buyout and the retention of critical staff members.

NEW YORK CITY-J.P. Morgan Investment Management and the New York State Teachers' Retirement System purchased approximately 30% of Edens & Avant.

NEW YORK CITY-The residential sector is leveling off, says one insider, as buyers grow timid in the wake of rising rates.

NEW YORK CITY-As Steven Swerdlow takes the helm as executive managing director of the Eastern Division for CB Richard Ellis--a company with revenues of $1.2 billion in 1999--the Manhattan office where he currently works becomes the new division headquarters.