CHICAGO-A specialty lender to senior housing and healthcare facility borrowers warns against delaying a move from floating rate debt. Although long-term rates were slow to respond to Fed rate hikes, they are now moving up.

PHILADELPHIA-After paying $5 million for floors three through eight of the building at 1530 Chestnut St., Grasso will invest $7 million to convert the 50,000 sf above the teen apparel store into residential rental units.

WAUWATOSA, WI-Wisconsin Hospitality Group obtains $30.5 million for 13 Applebee's locations in a sale-leaseback agreement with GE Capital Solutions Franchise Finance. WHG operates 38 Applebee's and 85 Pizza Huts in Wisconsin.

WAUWATOSA, WI-Wisconsin Hospitality Group obtains $30.5 million for 13 Applebee's locations in a sale-leaseback agreement with GE Capital Solutions Franchise Finance. WHG operates 38 Applebee's and 85 Pizza Huts in Wisconsin.

NEWTOWN SQUARE, PA-While Ernst & Young reviews the troubled REIT's financial statements, a KPMG partner is named EVP and CFO. GMH issues unaudited operational results, but delays its 2005 report until June 30.

NEWTOWN SQUARE, PA-While Ernst & Young reviews the troubled REIT's financial statements, a KPMG partner is named EVP and CFO. GMH issues unaudited operational results, but delays its 2005 report until June 30.

PHILADELPHIA-A partnership that includes Rotterdam-based Sunergy, a student housing developer, pays north of $10 million for the historic hotel on N. Broad Street. It will add entry-level housing on the surrounding acreage.

PHILADELPHIA-A partnership that includes Rotterdam-based Sunergy, a student housing developer, pays north of $10 million for the historic hotel on N. Broad Street. It will add entry-level housing on the surrounding acreage.