HOUSTON-Edward C. Rammrath steps into the newly created position of senior vice president for investment properties. He is tasked with finding acquisitions for the Cencor-GE Capital alliance plus working on purchases and sales at large.

MIAMI-The 82-unit, 24-story Bellini on the Ocean is being built on 2.7 acres in Bal Harbour. Completion is scheduled for spring 2004. The 3,000-sf to 7,000-sf units will cost between $1 million and $8.5 million.

GLENDALE, CA-The Chicago-based REIT says it will acquire the 1.4-million-sf mall from an ownership group including Donahue Schriber of Costa Mesa, Calif. The deal is expected to close in late November.

STAMFORD, CT-CB Richard Ellis' Mary Ann Tighe, announces that the firm has promoted 19-year suburban commercial brokerage veteran Jeffrey R. Dunne to executive vice president.