ORLANDO-The locally based REIT is selling its common at $13.34 per share and plans to use the proceeds to pay down a portion of the company's $200 million unsecured credit facility.

ADDISON, IL-Vaishnav Samaj of Midwest settles on 2.26 acres at 19 W 110 Fullerton Ave. for the site of its 27,000-sf temple, which can be expanded to accommodate more than 240 worshippers.

VANCOUVER, WA-The city of Vancouver plans to demolish the 113-year-old Monterey Hotel at 501 B= Main St. and then make the property available for redevelopment in concert with its urban renewal plans for Downtown.

LONDON-Both occupancy levels and room rates in London hotels continue the slide. New research by Jones Lang LaSalle offers a gloomy prognosis for the lodging industry in the UK capital.