ATLANTA-M/PF Research shows occupancy rates have dropped since last summer but construction of new units in metro Atlanta is on the rise. As of January, there were 17,493 units in the pipeline, the largest future supply in the nation.

TROY, MI-The automotive advisory group makes its debut, but the New York-based firm opened its first office in southeast Michigan in January 2001, when it took space in Ann Arbor.

LONDON-Capital & Regional has continued its transformation from property company into asset manager with the proposed sale of its shopping centre portfolio to a new fund set up as a limited partnership with Morley Fund Management. It has already made a similar move with its out-of-town portfolio.

BOCA RATON, FL-EBR Holding Ltd. says it has closed a $140 million financing package to help build Emerald Bay, a 470-acre resort on Great Exuma in the southern Bahamas, 285 miles from South Florida.