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WASHINGTON, DC-The Mortgage Bankers Association and the National Association of Home Builders have come out together to jointly oppose an increase in the FHA multifamily insurance premium, which they call a tax on renters.

ATLANTA-Hillwood Development Corp. of Dallas and Opus South Corp. of Tampa, FL are breathing a little easier today after Spherion signed a 10-year, 69,176-sf lease taking almost half of the four-month-old, 165,000-sf building in north Fulton County.

HIALEAH, FL-Florida East Coast Railway agrees to settle a potentially costly federal administrative action over 600 sf of right-of-way property affected by years of pollution discharge from a now-defunct electroplating operation in this former horse-racing city, eight miles northwest of Miami.

SAN DIEGO-A special election is being held today to replace former San Diego City Councilwoman Valerie Stallings, who resigned amid financial controversies surrounding the proposed Downtown ballpark.

BLOOMFIELD HILLS, MI-The megamall developer continues a quarterly payout of $0.25 per share for common stock shareholders,. $0.51875 per share on its Series A cumulative preferred shares.

CHANDLER, AZ-Marco Polo has acquired a 3,000-sf Arby's restaurant site from a private investor who has held title for just a year. The property is situated at the corner of Alma School and Queen Creek roads near Ocotillo.

HOUSTON-Sysco Corp., based in Houston, is tackling a 275,00-sf distribution center in Las Vegas. The project, which delivers in Q3 2002, will service southern Nevada, southern Utah and northern Arizona.

GRAPEVINE, TX-Oakmont Industrial Group of Atlanta has talks underway with four tenant prospects for its $16-million, 458,980-sf International Airport Center. The under-construction project marks the firm's inroad to the DFW metroplex.