ATLANTA-One of the nation's largest wireless tower operators, based in Cary, NC, plans to restructure its holdings company but not SpectraSite Communications Inc. or any of that companies subsidiaries. SpectraSite Holdings is $2 billion in debt.

MOODY'S LOWERS RATINGS OF SIMON PROPERTIES GROUP, INC. (SENIOR DEBT TO Baa2); RATING OUTLOOK STABLEApproximately $6.3 Billion of Securities Affected.New…

PORTLAND-The Portland Development Commission, the city's urban renewal and housing agency, will pay Portland State University $5 million for ownership of two blocks of property near the school for a mixed-use redevelopment project. PSU will put the money toward a $50-million Northwest Center for Engineering, Science and Technology.

ORLANDO-Although Orange County Comptroller Martha O. Haynie is disappointed the 12-month total revenue didn't hit the projected figure of $112.6 million for the fiscal year ended Sept. 30, the $91.6 million total still beat the county's revised number of $90.6 million.