HINESVILLE, GA-The $2 million, 30,000-sf production facility at Hinesville Industrial Park near Savannah, GA will produce electric-powered vehicles that run at a top speed of 70 miles per hour. The cars would be available for rent in Atlanta by late 2002.

ATLANTA-The locally based REIT has increased its dividend for the fifth time since 1998.

BRENTWOOD, TN-The Tennessee health care provider bought the 168-bed Lakewood Medical Center in Morgan City, LA. From Hospital Service District No. 2 in the Parish of St. Mary.

BIRMINGHAM, AL-Daryl Mangan is executive vice president/retail division. John Hughey holds the same title in the retail development sector.

BIRMINGHAM, AL-The Series A cumulative redeemable preferred shares divided of 55 cents will be paid Dec. 31 to shareholders of record on Dec. 17.

SUMTER, SC- Affordable Housing Solutions for Florida, Inc. and Wachovia Bank received $300,000, to build 40 multi-family town homes for low-income families in Bluffton, S.C. Santee Lynches Affordable Housing and C.D.C. and Sumter National Bank received a $288,000 grant to refurbish 50 rental units for elderly residents in Sumter.

HUNTSVILLE, AL-The Rahway, NJ-based developer/investor told the Chicago-based seller it wouldn't be able to close Dec. 19 on Huntsville's University Square Business Center because of a mortgage prepayment prohibition in the contract.

ATLANTA-The Federal Home Loan Bank of Atlanta is helping public-private partnerships build single-family and multifamily housing for low-income and moderate-income families in 10 communities.