WASHINGTON, DC-Officials of the Mortgage Bankers Association of America gather at a news briefing to discuss the organization's plans for 2002. Among the goals on its plate for the year are encouraging the development of multifamily housing and urging Congress to put terrorism insurance legislation in place.

CHATHAM, NJ-The locally based Garibaldi Group represented two of Unilever's divisions in the sale of two assets in Illinois and one in Virginia.

BINGHAM FARMS, MI-The retail REIT believes it could see funds from operations reduced by $2.2 million year from the closure of up to 12 department stores. Kmarts lease 27 properties from Malan, accounting for 25% of base rents.

NORTH ANDOVER, MA-Lucent Technologies Inc. is in negotiations to give its manufacturing work here to a contract manufacturer. A spokeswoman for the company tells GlobeSt.com that the move will mainly affect the company's major plant here.