ORLANDO-Working its way out of last year's Chapter 11 reorganization, the 25-unit, locally based restaurant chain lost $79.7 million on operations in fiscal 2000, an improvement from a $194 million loss in fiscal 1999.

KANSAS CITY-Tax Increment Financing plans had called for construction of a $25-million office building. DST Realty Inc. has no immediate plans for a site that once was slated for a 180,000-sf office building.

HOUSTON-Vantage Cos. has kicked off one of the first brand-new business parks in the market. The 28-acre, 365,000-sf development fronts Beltway 8, the bulk of which had been formerly owned by Houston industrialist William K. Bondeson.

TUCSON-A Salt Lake City-based real estate investment firm has purchased an apartment complex in east Tucson for at least $8.6 million.