WASHINGTON, DC-The Bringing America Home Act, with 27 cosponsors in tow, contains a provision that would make funds available to build and rehabilitate 1.5 million affordable housing units over the next 10 years.

ATLANTA-The locally based REIT posted lower funds from operations but the sale of two office assets generated net income of $143.5 million, or $2.92 per share, compared to $12.7 million, or 25 cents per diluted share, in second quarter 2002.

WASHINGTON, DC-Jones Lang LaSalle is marketing the Hyatt Regency Washington, DC on Capitol Hill without a price tag, but its assessed value--a low-ball indication of how much the building could sell for--is $111 million.

PHILADELPHIA-A slight drop in overall vacancy from 14% to 13.5% in second quarter combines with a dramatic improvement in net absorption this year to signal an "extremely positive" outlook, according to research from Cushman & Wakefield of Pennsylvania.