PHILADELPHIA-The locally based owner obtains $11.8 million from Independence Community Bank for Mulberry Court Apartments in Old City here and Towne House Apartments & Suites, a mix of apartments and extended-stay suites, in Harrisburg.

PHILADELPHIA-James Mathes, former SVP at Denver-based Aimco, becomes responsible for Madison Group's 77 multifamily properties, which aggregate 21,185 units in 21 states. At Aimco, Mathes helped integrate Insignia following a 1998 merger.

PHILADELPHIA-This lease for Sunoco's operations center completes a two-part move that began in July when the petroleum giant opted to relocate its corporate headquarters here from Ten Penn Center to 221,000-sf in Mellon Bank Center.

GETTYSBURG, PA-Four recent leases take the Early-Americana-style 240,000-sf outlet mall to 100% occupancy. The new tenants are Limited Too, Calendar Club, Quiznos, and Textile Studio.

PHILADELPHIA-Cigna's consolidation from approximately 630,000 sf to just over 440,000 sf along with the expiration of Ace Ltd.'s master lease in early 2006 will leave Shorenstein's trophy tower at 1601 Chestnut Street two-thirds vacant.

PHILADELPHIA-The specialty finance REIT gains an additional $6.3 million from the sale of an over-allotment of 258,300 Series B preferred shares. This follows net proceeds of $48.3 million from the sale of two million shares.

CANTON, MA-The acquisition raises Casual Male's posture at the upper end of the men's big and tall market, adding 21 stores in 12 states.

NEWTOWN SQUARE, PA-On its first day of trading on the NYSE, the specialty REIT is set to close on a contract for eight Navy bases in the Northeast. Student housing portfolios are also in the pipeline.