SAN FRANCISCO-Communications giant SBC Communications Inc. says it will officially change the name of San Francisco's Pac Bell Park to SBC Park as part of a move towards nation-wide branding.

SACRAMENTO-The Sacramento City Council has shown local developers that getting a proposal approved is not an easy process. Five developers went to the latest council meeting and only two walked out with the necessary approval.

SAN FRANCISCO-According to one of San Francisco's largest low-income property owners, the city has targeted the low-income housing industry to raise money for its Department of Building Inspection.

SAN FRANCISCO-The Presidio Trust names Craig Middleton, heretofore the interim director of the trust, its new executive director. The former director resigned last year.

SAN FRANCISCO-The State Compensation Insurance Fund proposes an $82 million office development in San Francisco's Tenderloin neighborhood. The state fund hopes to break ground next fall.

SAN FRANCISCO-The San Francisco Redevelopment Agency pays nearly $10 million for a large warehouse in the city, which it will use to build a $65 million affordable housing complex.

LAFAYETTE, CA-In an effort to expand and improve its business strategy, 1031 Exchange Options has appointed its first CEO, David Waal, who will oversee the company's corporate planning and strategy.

HAYWARD, CA-General Growth Properties Inc. acquires a mall anchored by Macy's, Sears, JCPenney, and Mervyn's. The company expects the property to produce approximately $9 million of net operating income in calendar year 2003.