ATLANTA-The locally based apartment developer reported net earnings of $24.4 million, up from $24.1 million. Funds from operations, however, totaled $37.5 million, down 12.6% from $43 million in the comparable 2000 period.

MEMPHIS, TN-EBITDA decreased 22.9% from $25.8 million to $19.9 million and declined 3.9% for the nine-month period for the 58-hotel chain.

ATLANTA-Sembler Co. of Clearwater, FL and Noro Broadview Holding Co. of the Netherlands are setting a 2003 demolition of a 379,230-sf shopping center to clear the way for a massive redevelopment.

MEMPHIS, TN-Mid-America Apartment Communities, Inc. reported a third quarter FFO of 70 cents per share, up 4.5% from third quarter 2000.

ATLANTA-The locally based shopping center developer reports $5.7 million, down from $6.7 million for the same period last year.

WINSTON-SALEM, NC-SciWorks is embarking on a $1.05 million expansion and renovation project expected to last six months and adding 4,000 sf for a total 59,000 sf.

GREENSBORO, NC-Supply is outracing demand in this booming Southeast commercial hub with 1,217 units under construction and an annual average net absorption of only 986 units. A total 636 units were rented in the first half.

ATLANTA-New faces at CB Richard Ellis Inc.'s Southeast Mid-Atlanta investment sector are Van Barron, formerly with the firm's Southeast office investment advisors team, and Chris Bosworth, previously with the firm's Washington, DC office.