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ATLANTA-The locally based extended-stay hotel owner/franchisor scales back the number of anticipated hotel openings in 2001 because of the slowing economy and tight hotel financing.

CLINTON, MS--The voice and data services company is eliminating positions across the board and not specifically in its long-distance sector as industry experts had speculated, Reuters reported Wednesday. WorldCom officials could not be reached for comment at GlobeSt.com's publication deadline.

ORANGE COUNTY, CA-R.W. Selby & Co., which oversees 17 properties across Southland, will refund $450,000 to tenants who may have been overcharged for cleaning and repairs after they moved out.

PALO ALTO, CA-A year ago, there were1200 new companies that had an average of $13 million to 14 million in invested capital. With that kind of action, vacancy was no more than 3% from South San Francisco all the way down the Valley. Then the bubble burst.

SAN DIEGO-The developer of a 66-acre, $225-million mixed-used project near the Mexico border says the ambitious complex is on track and will open in November, in time for the peak holiday sales season.<p>

VANCOUVER, WA-The 2.38-acre site located west of Interstate 5 and south of the Clark County fairgrounds is being offered for sale at $1.6 million. A big red barn on the property carrying the Wineberg name can easily be seen from the freeway.

DALLAS-The Dallas-Ft. Worth office for Grubb &amp; Ellis has drafted five key players from Marcus &amp; Millichap's Multi Housing Group regional team. The deal had been too lucrative to pass up, says Marcus &amp; Millichap. Meanwhile, Grubb &amp; Ellis is fishing for more brokers in the DFW talent pool.

CHICAGO-The international real estate services firm says the market's diversity in employers make it better prepared than others to get through the current economic slump. Some "new frontiers" may even see more growth, it says.