CRANFORD, NJ-An interim financing package of $4.3 million has been arranged for the South Avenue Business Center here. Ashley Business Park LLC is the borrower. The property was once the home of American Home Products.

DALLAS-Steve Everbach has departed Cushman and Wakefield of Texas as asset director, heading to Lazarus Property as COO. It's a chance, says Everbach, to be a principal. C&W executives focus on the upside.

AUSTIN-Lakeway is a rising star in the Austin suburbs, snagging its first grocery-anchored retail center. More grocers and retail developers are sure to follow suit, says a broker.

ORLANDO-The developer plans 1,500 homes and 200,000 sf of commercial, office and retail space at the 948-acre Vista Lakes northeast of Orlando International Airport.