TEJON RANCH, CA-The 15-year deal is for half of a 650,909-sf industrial building developed by DP Partners and Tejon Industrial Corp. In three years, Tejon Ranch Co. has been able to build out 165 of the 350 acres at its Tejon Industrial Complex.

SAN FRANCISCO-The U.S. Department of Housing and Urban Development stands to turn a profit thanks to a funding mistake made by the City of San Francisco in 1999. The deal violated federal funding laws. The City is asking that a resulting $400,000 penalty be forgiven.

SEATTLE-EverTrust Bank of Washington on March 27, 2002 made the loan. The three-year financing is a 7.125% fixed rate mortgage, Interest-Only for the first year, rolling to adjustable with a 30-year amortization.

CHICAGO-Prime Group Realty Trust's mission statement could be, "Raise $60 million in asset sales quickly or go out of business." It must cash out Security Capital Group's $40-million preferred stock as well as satisfy lenders by having at least $17.5 million in cash on hand.