LOS ANGELES-The Beverly Hills-based real estate investment trust, which has been considering a merger with the Weisman Group, has rejected the company's latest proposal, according to a recent announcement by G&L Realty Corp. A special committee of the board of directors decided against the offer because it is not in the form of a definitive acquisition agreement.

MINOOKA, IL-Itasca, IL-based FCL Builders will construct the facility for the developer, Catellus Development Corp. Lower land costs in the far southwest suburbs proves to be a powerful magnet.

WASHINGTON, DC-This association of mortgage finance companies plans to meet in Canada next month, despite recent terrorist attacks in New York and here. Many of the issues that now confront the industry because of the national tragedy will be discussed at the meeting.

SEATTLE-Total losses stemming from last week's attacks are expected to affect the publicly traded company's third-quarter income by between $0.15 and $0.18 per diluted share on an after-tax basis.