WALTHAM, MA-Home Properties, the sixth-largest publicly traded REIT in the country, makes its first foray into the state with its acquisition of Gardencrest Apartments, a 696-unit complex on Route 60 near Route 128. This area is one of six targeted by the Rochester, NY-based company.

BOSTON-The Druker Co. breaks ground on Atelier 505, a mixed-use development in the heart of the city's South End neighborhood. The project will include 103 residential units, a 370-car garage and the development of the city's first new theaters in almost 75 years.

GREATER BOSTON-Cushman & Wakefield releases its statistics for the second quarter of this year and the numbers indicate that the market has significantly more space on its hands than it did a year ago. Rental rates have responded accordingly by continuing to drop.

BOSTON-Modern Continental, the lead contractor on the Big Dig, sells Independence Wharf to GE Asset Management. Industry sources tell GlobeSt.com that the 14-story office building fetched more than $80 million.

GREATER BOSTON-Cushman & Wakefield releases its statistics for the second quarter of this year and the numbers indicate that the market has significantly more space on its hands than it did a year ago. Rental rates have responded accordingly by continuing to drop.

MELROSE, MA- Pembroke Real Estate, a subsidiary of Fidelity Investments, passes a "significant regulatory hurdle" in its quest to develop a 575-unit residential complex that straddles this town and Malden.

BOSTON-The Boston Redevelopment Authority comes up with some changes for the proposed Chinatown residential development proposed. The changes involve a reduction in the number of units, parking spaces and relocating the building.

SUDBURY, MA-The town tries to revitalize its downtown and to reverse its reputation as being an inhospitable place for business by putting together a committee that will recommend zoning and other changes in the Route 20 corridor.