NEW YORK CITY-The California-based real estate trust completes the acquisition of a 200-unit assisted living facility on Long Island. Louisville, KY-based Atria Inc. leases back the facility for 10 years.

PALM SPRINGS, CA-Millennium Housing and the city of Palm Springs devised a regulatory agreement stipulating that rent increases at the park will be limited to an amount sufficient to pay increased expenses, cover the debt service, and provide a small reserve fund.

NORWICH, CT-Construction will begin in earnest next week on what many believe will be the linchpin to the redevelopment of downtown Norwich--the $18.9-million Mercantile Exchange at Chelsea Harbor development.

LONDON-London's West End saw 1.7 million sf of office space leased over the first half of 2002, according to the latest research from FPDSavills. The figure is in line with the historic average, but was only achieved by a spate of lettings in June 2002.