PHILADELPHIA-Corporate accounting scandals and a volatile stock market cause institutional investors to sock more money in REITs during the last quarter. According to research by Ardmore, PA-based Gregory FCA Communications, their stake in REITs rose 6.5% over the previous quarter.

PALM SPRINGS, CA-A family partnership buys the 89,719-sf Foremost North Village Center, a combination three-building industrial and retail project, which also includes an acre of land available for development.

PHILADELPHIA-The Horsham, PA-based commercial mortgage lender promotes Barry Alan Moore, former president of its European operations, to a newly created position that includes marketing and corporate communications. Moore is a 24-year veteran of the commercial real estate and finance industry.

ORLANDO-Arlington-Clermont Investments LLC of Clermont, FL denies allegations by the Florida Department of Environmental Protection that the company's work on a planned 440-acre subdivision is polluting the Palatlakaha River.