ALHAMBRA, CA-The Los Angeles developer submitted plans to the City of

CHICAGO-The newly-minted REIT immediately puts its freshly-raised capital to work, acquiring five properties in Memphis, TN and Las Vegas, NV for about $50 million with two more properties under contract.

PALM SPRINGS, CA-The average price of $62,500 per unit is a sign of the rising prices in the Inland Empire and the rest of Southern California.

PHILADELPHIA-The long-awaited action paves the way for a group of four Pittsburgh-based foundations and the Regional Industrial Development Corp. to develop a mixed-use center on the 178 acres that has sat idle since LTV closed its steel mill in 1997.