PHILADELPHIA-A new report predicts the vacancy rate will fall to 12% and not approach 20% as formerly feared. Reasons for the change include the growth of Comcast and smaller firms and some residential conversion efforts.

BOCA RATON, FL-This is the company's largest-ever private offering of vacation ownership receivable-backed securities. The offering covers six classes of notes, rated between AAA and BB by S&P, and has a blended interest rate of 5.98%.

NEWTOWN SQUARE, PA-Citing the pursuit of "other personal and professional interests," Joseph Coyle leaves College Park Communities. He will continue to consult for the company. Miles Orth, who handles the division's operations, is promoted to EVP.

MIAMI-Indianapolis-based Bremner Healthcare Real Estate and its joint-venture partner, Duke Realty Corp., strengthen expansion to the South with a new office here. Christie Grays, formerly with Codina, is named business development director for Florida.

PLYMOUTH MEETING, PA-With the closing, the Brandywine portfolio swells to 49 million sf. As planned, Prudential Real Estate Investors simultaneously closes on its acquisition of approximately $753 million of Prentiss assets.

PLYMOUTH MEETING, PA-With the closing, the Brandywine portfolio swells to 49 million sf. As planned, Prudential Real Estate Investors simultaneously closes on its acquisition of approximately $753 million of Prentiss assets.

AMBLER, PA-After paying cash on behalf of a pension fund for the Woods, a 321-unit apartment complex, Rreef secures a five-year loan at a fixed rate of 5.35%. The firm plans renovations and a repositioning of the asset.

HILLSBORO BEACH, FL-Nearing retirement, the owner of the last remaining large parcel on this peninsula between the Ocean and Intracoastal Waterway puts his 11.2-acre vacant site up for sale at a suggested $85 million.