CHICAGO-Heartland Partners, L.P. reports a first-quarter net profit of $2,194,000, the majority of it generated by the sale of 16 units at the West Loop luxury condominium project for slightly more than $5 million.

ROUND ROCK, TX-American Plumbing & Mechanical Inc. is in the expansion mode, opening four warehouse operations in nine months and expanding two. The promise of new markets and desire to be closer to clients' projects spark the drive.

ATLANTA-The area's 68.6% occupancy in 2000 was the highest anywhere in the area since 1995, according to San Francisco-based PKF Consulting. Average daily room rate rose to $68.52 last year from $67.36 in 1999.

ORANGE COUNTY, CA-Federal auditors say local Housing and Community Development Department and highly regarded Mercy House Coalition did not properly account for nearly $300,000 in spending. HUD wants $70,000 of the money back.