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ORLANDO-Cendant Corp. of New York, the world's largest hotel franchiser, is buying time-share leader Fairfield Communities in a $635 million stock-cash transaction. Cendant is also assuming Fairfield's $90-million debt load.

DETROIT- Glenn Jones put in charge of operations for the construction company.

BLOOMINGTON, MN- The commercial real estate

DETROIT- Home and community center developments earn funding.

DALLAS-American Eagle's flying high as plans escalate for tomorrow's ribbon-cutting on a 30,000-sf, 13-gate terminal at the Dallas-Ft. Worth International Airport. The airlines now provides regional jet service to 12 cities.

FORT LAUDERDALE, FL-Florida Atlantic University officials see the dirt as a potential high-tech research and development park and the future home of its computer-related continuing education programs.

SEATTLE-The Seattle Art Museum has until March to raise the money necessary to buy the last piece of the would-be park, 7.5-acres just north of Downtown that also is being eyed for 13-story condominium.

DALLAS-Qwest Communications, a telecommunications giant, and rising star Sphera Optical Networks join the tenant clique at Dallas ComCenter. Both firms are taking 10-year leases at the CBD telecom hotel.