CHESTNUT HILL, MA-Competition within the assisted living industry heats up as a local developer opens an upscale complex here. The 48-unit center costs $53 million to build and includes hotel-style amenities.

ROYAL OAK, MI-The Detroit suburb would get the first automatic parking garage as part of new $30-million condominium complex. The garage costs about the same as a normal parking structure but can park twice as many cars.

AUSTIN-It's a possible short-term phenomenon that has caught Austin by surprise, say commercial real estate professionals. But, it's one to be watched. In recent weeks, an estimated 1.3 million sf in sublease office space has hit the market, giving rise to talk and back-room huddles.

ATLANTA-The locally based REIT credits the 2000 performance to increases in rental property revenue from projects that became partially or fully operational during the year and from the continued strong performance of existing properties.