SARASOTA, FL-Sanborn Studios LLC has announced plans to build a television and film studio in Sarasota County, which includes a production and aviation center measuring 30,000 square feet, at Sarasota-Bradenton International Airport.

WASHINGTON, DC-According to the Commerce Department, home construction climbed 10.5% in August 2010 to 598,000 because of a 32% increase in condominium and apartment construction, an unpredictable part of the market.

JENKINTOWN, PA-Pitcairn Properties Holdings Inc., a commercial realty firm, and PPH Investments LLC, a preferred shareholder, have finally reached a compromise after a grueling legal battle in court.

NEW YORK CITY-Invesco is purchasing the 100 Fifth Ave. building for $93.5 million while Rigby Asset Management and IRSA are buying the 183 Madison building for $75 million.

NEW YORK CITY-Prominent commercial banks such as Morgan Stanley, J.P. Morgan Chase & Co., Bank of America Corp., Wells Fargo & Co. and Goldman Sachs Group Inc. are reviving their CMBS operations by looking beyond investment in US government bonds to generate returns.

CHICAGO-Larry Freed, the developer of two huge commercial realty projects, the Sullivan Center and Block 37 in Chicago, is negotiating with lenders to avoid foreclosure on the properties.

BOSTON-Construction on the first phase of the Seaport Square development, a $3 billion neighborhood planned on the South Boston waterfront is set to begin during the spring.

NEW YORK CITY-A new survey shows that housing economists are more optimistic in their views on housing prices for 2010. However, they are projecting a bleaker outlook for 2011.