SAN RAMON, CA-Shapell Industries has revised its proposal to build a large, affordable housing complex in San Ramon. The developer has sweetened the deal by offering additional funds to the district.

CAMBRIDGE-After purchasing the Technology Square complex in February for $279 mil, MIT found such demand for lab-space that its decision to convert what was originally designed as office space to lab space was a no-brainer.

WASINGTON, DC-San Francisco's Rreef Funds acquires the fully occupied 111,950-sf office and retail structure at 1900 M St. from Acquiport Four Corp. Real estate insiders speculate that the building is valued at about $28 million.

DALLAS-Higher returns, parental guarantees on rent and a steadily increasing tenant base make off-campus, shared-living projects a windfall for those who can afford to develop. Rent by the bed, not unit, is the premise.