NEW YORK CITY-Cresa Partners has solidified its tri-state New York presence by signing locally based FSI as its local-area property management guru. The deal is expected to increase New York-area revenues by at least 10%.

SAN FRANCSICO-Real Estate Media's editor in chief takes the helm of the 600-member National Association of Real Estate Editors for 2004. The association, which celebrates its 75th year, represents journalists covering commercial, residential and finance markets and print, online and broadcast media around the country.

NEW YORK CITY-The road show has begun on the first floating rate securitization co-sold by JPM and CIBC. The pool is made up of some 15 mortgages, including 277 Park Ave. and a mix of other office, hotel, retail, multifamily and manufactured housing assets.

ATLANTA-In a document obtained by GlobeSt.com, Wells states that the National Association of Security Dealers' sanctions raise no issues not previously disclosed by Wells. Nevertheless, the locally based REIT consents to the sanctions and settles the fine.

NEW YORK CITY-GlobeSt.com has learned that CB Richard Ellis, Cushman & Wakefield and Colliers International have struck a multi-year deal to service roughly 3,000 GE facilities nationally.

NEW YORK CITY-Corporations have cut costs to the bone, agreed panelists at a seminar hosted this morning by the New York Appraisal Institute and RELA. With pressure on to hike revenues, can job growth be far behind? Think midyear '04, they say.

CHICAGO-The insurer picks up Trizec's second mortgage for a song. The insurance firm already holds the $766-million first mortgage on the building. Last year, the value of the building was indicated by Trizec, through its right down, at just over $800 million.

NEW YORK CITY-A CB Richard Ellis building-management executive tells how he coordinated the safe evacuation of some 115 New York metropolitan buildings during the worst blackout in US history. And he tells how the event will help to shape his firm's ongoing emergency procedures.