VIRGINIA BEACH-Buyers and investors are thwarted from entering this beach resort because of high barriers to entry and few properties coming to market.

WASHINGTON, DC-The Federal Reserve is emptying its powder on the turmoil in the credit markets, helping to avert a Bear Stearns meltdown and cutting the rate on direct loans to banks.

Whether the Reserve Board's plans to inject $200 billion into the capital market will be trumped by the fallout from the Bear Stearns rescue remains to be seen.

'Fannie and Freddie are continuing to execute loans at very aggressive pricing, although spreads have widened a bit in the last few weeks.

JENKINTOWN, PA-Wachovia is selling the 100-plus bank branch portfolio to better manage its distribution network and reinvest the proceeds in new products and services.

JENKINTOWN, PA-Wachovia is selling the 100-plus bank branch portfolio to better manage its distribution network and reinvest the proceeds in new products and services.

WASHINGTON, DC-This tenant, a closely held secret for many months, will be the first grocery store in this submarket.

FORESTVILLE, MD-The 598-unit, 22-building complex is trading at around $50,000 per unit according to a source.