PHILADELPHIA-A purchaser of GMH securities is identified as the named plaintiff in a federal court class action lawsuit. The suit alleges that the REIT and two of its principals "disseminated false and misleading financial results." The complaint "may be amended" when GMH restates its financials.

PHILADELPHIA-A purchaser of GMH securities is identified as the named plaintiff in a federal court class action lawsuit. The suit alleges that the REIT and two of its principals "disseminated false and misleading financial results." The complaint "may be amended" when GMH restates its financials.

NEWTON, MA-The operator of senior living communities terminates agreements with Sunrise Senior Living for 10 of the 17 communities Sunrise operates for Five Star. The 10 properties have an aggregate 2,516 units in five states.

SUNRISE, FL-The partnership between Weitzer Communities and J.I. Kislak Inc. is developing a 396-unit complex on an 8.3-acre lakefront tract across from Sawgrass Mills Mall. The JV paid north of $8.7 million for the land.

SUNRISE, FL-The partnership between Weitzer Communities and J.I. Kislak Inc. is developing a 396-unit complex on an 8.3-acre lakefront tract across from Sawgrass Mills Mall. The JV paid north of $8.7 million for the land.

PHILADELPHIA-The promotion of David Fahey to president of Binswanger's commercial division for the tri-state area tops a trio of executive-level appointments at area companies. Hersha adds a vice president, and DP Partners names LogistiCenter development manager.

WEST PALM BEACH, FL-The company that operates 35 post-secondary campuses in 16 states acquires New England Institute of Technology, a four-building asset totaling 115,000 sf in two campuses that aggregate 14.5 acres here and in Mangonia Park.

WALTHAM, MA-Four new tenants take a total of 24,972 sf in the class A office property. Rates in this submarket average $24.90 per sf.