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DENVER-Cleveland-based KeyCorp's commercial real estate group closes a $202-million loan with Archstone Communities Trust, allowing the REIT to finance a loan on 11 apartment properties in its portfolio across the US.

WOODBRIDGE, NJ-The promotions of three long-time brokers are related to the ongoing integration of Newmark & Co. of New Jersey with regional broker Jacobson, Goldfarb & Tanzman after their recent merger.

BETHEL, NY-The developer of the proposed $40 million Performing Arts Center to be built nearby the original Woodstock Festival site will be presenting its plans before officials with the town of Bethel on June 12.

SAN JOSE-Despite negative net absorption rates, pure industrial space weathered the current slowdown better than their flex-office and research-and-development counterparts in the first quarter, says Colliers International.

HOUSTON-San Antonio-based USAA has bought into Levcor's redeveloped 1001 McKinney, inking a joint venture pact just as the building reaches 70% occupancy. Full lease-up is predicted by year-end.

AUBURN HILLS, MI-The city and state offer big dollars in the form of tax abatements to keep the POM Group in Michigan. The company, relocating from the Plymouth, MI area, chose Auburn Hills over Toledo, OH.

DALLAS-Brokerage teams have lined up new tenants for 20,370 sf of office space in Irving and Dallas. The newly signed deals are for AMS Employers Group and Aerospace Insurance Managers.

SEATTLE-COO Robert J. Herbold, speaking yesterday at the International Development Research Council's Pacific Northwest World Congress, says there is a definite upside to the current downslide.