RICHMOND, VA-The multifamily REIT will pay dividends on both its common and preferred stock to all shareholders of record as of July 13, according to a vote by its board of directors.

MIAMI-The locally based real estate investment, finance and management company reports a 15% increase in second-quarter earnings per share.

AUSTIN-DPT US Inc., the American branch of a Scotland-based high-tech firm, is beefing up its Austin operation, taking 7,500 sf at Cameron Creek Business Park in northeastern submarket. It also occupies 10,800 sf in a Wall Street building.

DETROIT-The group merges with the national real estate association and wants to drop "Detroit" from its moniker as it will now represent commercial brokers outside of the Detroit area.