ROYAL OAK, MI-One of Southeast Michigan's largest hospitals adds a new $17.5-million emergency center and a $42-million research lab expansion. It also is working on a new 614,000-sf south tower wing.

ENCINO, CA-Private investor Leo Danichels acquires 76 units here in this San Fernando Valley community, where vacancy rates have dropped to the low single digits and rents have steadily been climbing.

HOUSTON-Stewart Mortgage brings a 16-year veteran of the lending industry aboard to steer its e-title division. Kerry A. Stith hails from the ranks of PNC Bank's consumer lending departments. He assumes the role as division president and senior VP at Stewart.

VANCOUVER, WA-Light Photonics, an early stage optical component supplier, will start production at tis new 57,000-sf laser diode manufacturing plant later this month. The facilty, which includes 22,000 sf of class 1000 clean room, was completed in August.