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ARLINGTON, VA-The financing is one of several moves being made by the company as it tries to improve shareholder value without issuing common stock, which company officials believe is undervalued.

BOSTON-The Boston Community Loan Fund helps fund the first low income assisted living facility here thanks to its participation in Harvard University's 20/20/2000 Affordable Housing Initiative.

ANTIOCH, CA-The Antioch City Council this week rejected a 200-room luxury hotel and Las Vegas-style gambling casino proposed for the city's 10.5-acre waterfront property located between Fulton Shipyard and Roger's Point.

ATLANTA-The locally based hotel company avoided delisting on the Nasdaq National Market when it applied and won approval to have its common shares listed on the SmallCap Market instead.

SAN FRANCISCO-San Francisco Mayor Willie Brown let a six-month ban on live-work loft developments become law this week. He also urged the Board of Supervisors to craft a long-term solution to the city's housing crisis.

MIAMI SHORES, FL-The locally based mortgage lender reaches an agreement with an offshore investor over a contested convertible debenture valued at about 1.14 million shares of America Senior's common stock. Miami Shores is seven miles north of Miami.

SECAUCUS, NJ-Developer is joint-venturing the 175,000-sf, two-phase property with an out-of-state partner. The first phase of 125,000 sf will be ready in September.

BOSTON-A local institute releases a study claiming that the market for meetings and conventions is not increasing as predicted in 1997, when the decision was made to develop the proposed convention center here in South Boston.