HOUSTON-New Orleans' Whitney Holding has made its first move in Houston, acquiring American Bank. More buyouts or at the very least, more branches, are in store for its Houston strategy.

HOUSTON-Greenspoint Technology Center's comeback from a failing retail power center into a telecom hotel has just netted the owner more than $30 million. Yale USA Investment Corp. has taken title to the 300,699-sf structure.

LOS ANGELES-Planning Commission rejects union-backed plan that would essentially outlaw stores such as Wal-Mart and K-mart from competing with unionized grocers. Measure could still be revived, but passage would be more difficult.

NEW YORK CITY-Multifamily housing offers the most promise, according to the report, while the demand for warehouse and office space contracts and the need for office space declines significantly.