ATLANTA-Don Faulk, former president, Post Apartment Development; Richard Denny, former vice president, Post Properties Inc.; and Jay Williams, president, Williams Investment Group and son of Post chairman/CEO John Williams are the principals in their newly formed Oxford Properties LLC. The purchase price wasn't disclosed.

LONDON-Residential property prices are set to see big rises. Both the RICS housing market survey for England and Wales for three months to February 2002 and new research by the Woolwich building society report big demand and low supply

LAS VEGAS-Higher-than-norm vacancy and rent concessions aren't scaring off investors in Vegas' multifamily market. The 296-unit Lake Sahara brings close to its asking price while another property is under contract for more than the seller sought.

LAS VEGAS-The high-ticket loan refinances existing debt and provides a capital pool for upgrades to the 48-year-old Castaways Hotel Casino on the outskirts of Las Vegas. The 25-acre holding uses local mortgage broker, Vestin, to structure the deal.