WASHINGTON, DC-In another survey aimed at showing the dangers of allowing banks to enter real estate, the NAR says the proposal has four out of five homeowners worried about their privacy. Congress will hold a hearing on the proposal next week.

SOUTHBOROUGH, MA-Advance Realty Group acquires 286, 650 sf in office properties here and in Westborough. The company plans to acquire more than $500 million in value-added properties in the Northeast corridor over the next two years.

HILLSBORO, OR-With the first building already spoken for in its brand new 27-acre corporate park, the local development company is seeking permits for another three buildings, including a 40,000-sf speculative project that should break ground this year.

CHERRY HILL, NJ-MeriStar Hospitality Corp. moves the 200-room Four Points Hotel by Sheraton to Growth Properties of Philadelphia, which quickly puts the South Jersey property under the Clarion Hotel banner.