WASHINGTON, DC-A study conducted by the SIOR Educational Foundation questions whether Web sites will change the way brokerages conduct business in the near future, but says the Web is becoming an important information conduit.

ALEXANDRIA, VA-Home Properties has acquired 344-unit Virginia Village here and 384-unit Sandalwood Apartments in Owings Mills, MD for a total of $44.6 million. The REIT plans to spend $6.1 million in renovations.

WALDORF, MD-Hometest METS Laboratories will be the prime supplier of laboratory services for HUD's $120-million lead paint inspection and risk assessment program. The program targets federally owned and assisted multi-family projects.

BETHESDA, MD-The hotel was included in LaSalle's purchase of I&G Capital Inc. At the same time it announced the purchase, LaSalle also downgraded its earnings projections for the year.

BETHESDA, MD-In a deal that's expected to close during the third quarter, the 10 Residence Inns will sell for $119 million, which includes $54 million in debt.

WASHINGTON, DC-The Securities and Exchange Commission has signed a 14-year lease valued at approximately $400 million for space in an office building to be constructed by Louis Dreyfus Properties LLC.

BALTIMORE, MD-The investment firm will pay as much as $1.38 billion for the Florida-based privately owned wealth management company. Legg Mason will pay $682 million at closing in July, with two more payments to follow.

WASHINGTON, DC-Integra Realty Resources Inc. will provide nationwide commercial real estate appraisal services for MortgageRamp subsidiary Realty Services International. Company officials are calling the agreement "unprecedented" because of its scope.