DETROIT-About $21 million in state-funded road improvements will encourage new developments across Michigan, according to the governor.

ROCKVILLE, MD-Broward, who has more than 12 years of technology consulting experience, will join this real estate advisory business as director of technology consulting, working from the firm's Atlanta office.

LONDON-Banks are becoming more cautious about property lending, according to a new survey from Jones Lang LaSalle and Investment Property Databank. Speculative development finance accounts for no more than one per cent of all new loans.

HAWTHORNE, NY-In its first acquisition deal here in more than a year, Mack-Cali Realty Corp., reports it has acquired two office flex buildings here totaling 168,177 sf of office/flex space for $14.7 million.