CHICAGO- Denholtz Management Corp. gets another 10 days to complete its due diligence in its deal to buy up to $224 million of Banyan Strategic Realty Trust's assets. They lose $250,000 if they back out by April 9.

CHICAGO-Steven Bandolik is the new president and CEO of privately-held commercial real estate firm, replacing Jack Eimer, who becomes president of Transwestern's central region. He will lead a force of 1,350.

CHICAGO-CDBGs, HOME funds, tax credits, tax-exempt bonds and empowerment zone money will help build 298 affordable multifamily unit and one commercial unit in developments on the North, South and Southwest Sides.

CHICAGO- Bryn Mawr-Sheridan, LLC will build a 24-unit complex with a landscaped courtyard across Sheridan Road from the historic Edgewater Beach hotel building, long since converted to cooperative apartments.

DETROIT- Eight vice presidents get a trip to Whistler, BC for earning Circle of Excellence. In addition to productivity, the vice presidents meet company goals in partnering, advisor focus, technology and higher learning.

CHICAGO-The international financial services firm is getting more than 15 floors in the 50-story office tower under construction in the West Loop. The building also will be named UBS Tower.

CHICAGO-CenterPoint Properties Trust will develop a 436,224-sf replacement for outdated and crowded South Water Market. Vendors will move from the 1500 block of S. Morgan St. to a 26-acre site at 2501 S. Wolcott Ave.

HILLSIDE, IL- Family Square Shopping Center in this western suburb of Chicago sells for $47 per sf. Tenants of the five-acre neighborhood shopping center include Leamington Foods, Firestone Tires and Super Trak Auto.