WHITE PLAINS-Cushman & Wakefield reports that it has opened a Westchester office at 120 Bloomingdale Rd. here and has lured Glenn Walsh, formerly of Newmark & Company Real Estate, to head the office.

LONDON-Pundits at Jones Lang LaSalle Hotels say that London could feel the worst knock-on effects of the terrorist attacks on the USA but continental European markets may yet stave off a prolonged downturn.

NEW YORK CITY-Real estate trusts have performed relatively well through the recent economic downturn, but a prolonged recession may "chip away at the strengths" that have made REITs such an attractive investment option, an S&P analyst says.

ANAHEIM, CA-Standard & Poor's says sudden drop in travel to this tourism Mecca could jeopardize the city's ability to pay municipal bondholders. Move is latest sign that impact of last month's terrorist attacks is rippling across nation's economy.