HORSHAM, PA-The locally based commercial mortgage corporation bolsters its servicing portfolio by $86 billion with the acquisition of three businesses

PHOENIX-California-based Munco Inc. took ownership of a fully-leased, six-tenant building in northwest Phoenix, satisfying a 1031 Exchange in the process. The roster includes Sears and Showcase Home Entertainment.

ROMULUS, MI-Ashley Capital has recently invested in properties beyond its usual industrial bailiwick, adding an office building to its inventory, along with industrial properties outside southeastern Michigan, in a bid to branch out.

LOS ANGELES-A national report by Marcus & Millichap says "the worst is over," locally and nationally. A Delphi Business Properties study shows improvement in the San Fernando Valley's industrial leasing.