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MCLEAN, VA-The mortgage company closed $138,544,000 in multi-family loans on projects ranging from garden to high-rise apartment complexes, from New York to Seattle. The company used a variety of Freddie Mac and Fannie Mae programs.

STAMFORD, CT-Xerox Corp. reports it has agreed to sell half of its stake in Fuji Xerox Co. Ltd. to Fuji Photo Film Co. Ltd. in a deal valued at more than $1.3 billion in cash.

SAN FRANCISCO-Locally based DFS operates about 150 duty free shops catering to international travelers mainly in airports throughout Asia, the Pacific Rim and North America, but also has about a dozen Galleria operations in downtown or resort locations.

ORLANDO-Large-scale distributors are turning to third-pary logisticians to achieve maximum efficiency, Realvest Partners Inc. founder/chairman George D. Livingston tells GlobeSt.com.

WHITE PLAINS-Reckson Associates Realty Corp. announces that Metro Media Fiber Network and Merrill Lynch Pierce, Fenner & Smith Inc. have expanded their lease commitments at its Reckson Metro Center office building.

GRESHAM, OR-Under the proposal, the city's fee for reviewing plans of an 18,500-sf office building would increase from the current $3,560 to $10,590. If approved, the increased fees would be effective April 1.

SEATTLE, WA-The Lofts on Summit will contain nine units averaging 1,292 sf. The units will be marketed for about $375/sf, or between $300,000 and $800,000 per unit. The developer is Dan Duffus.

ELGIN, IL-Kanebridge Corp. will move into an 80,000-sf build-to-suit here when it is completed in May. Schaumburg, IL-based Kajima Construction Services, Inc. is building the warehouse and office facility.