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IRVINE, CA-An industry analyst says there is more parity today between REIT shares being traded on Wall Street and value of the underlying real estate.

ELMSFORD, NY-Wilder Balter Partners LLC reports that its Brookview Gardens senior housing development in Babylon, Long Island has been awarded a $1.2 million grant from the Federal Home Loan Bank.

CARROLLTON, TX-The metroplex's 15th largest builder is gearing up crews to redo a recently bought property into its corporate headquarters. Pacific Builders says it's time to buy not lease, giving up a spot it's had for 10 years.

ROUND ROCK, TX-Opus South is prepping for a 241,000-sf addition to Crystal Park, a holding of more than 42 acres. The latest project consists of two buildings slated for near back-to-back deliveries in the fall.

WASHINGTON, DC-Dipping consumer confidence has led most retail real estate companies to lower expectations this year, but an analyst says because of long-term leases, most are somewhat buffered by lagging retail sales.

ATLANTA-The 28-year-old California-based development and investment firm is transferring vice president Court Thomas from corporate to head the new division.

LOS ANGELES-The giant homebuilder hires Santa Monica-based investment banker Saybrook Capital LLC to sell or devise other "strategic alternatives" for the massive parcel in North County's Antelope Valley. The master-planned development has nearly 5,000 buildable lots.

WASHINGTON, DC-Perkins Coie opts to restructure and extend its lease at the Westory Building at 607 14th St. NW, which is undergoing an expansion from 180,000 sf to 238,000 sf.