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ARLINGTON, VA-The National Rural Electric Cooperative Association plans to break ground soon on an 11-story office building in Arlington. Work on the 235,000-sf project, dubbed the Ellipse, is scheduled for the end of the first quarter in 2001.

MACON, GA-After increasing occupancy by nearly 30%, Ocwen Federal Bank is unloading Highridge Centre, a four-story, 195,252-sf asset just off Interstate 75.

SEATTLE-The proposal is intended to make it easier for the city to punish owners who raise rents or send eviction notices to renters who complain about apartment conditions. Owners fear it would limit their ability to evict bad tenants and penalize silent partners who have no knowledge of a violation.

DALLAS-The times are a' changing or at least the roles are as Trammell Crow Co., Crescent Real Estate Equities Co. and Wyndham International Inc. all announce internal management shifts this week.

DUBLIN, CA-Oracle and county planners will spend the next 60 days negotiating the details of the purchase. The software giant has already offered to buy the land for $3.8 million an acre.

ATLANTIC CITY, NJ-The Borgata will be the first new casino hotel to open here in more than 13 years, and it will also be one of the largest.

WASHINGTON, DC-Congress passed a bill allowing private development of the Southeast Federal Center. The 55-acre site on the Anacostia River in Southeast Washington is the largest undeveloped tract of land in the District.

AUSTIN-Stratus Properties Inc. is posting earnings of $0.2 million, equating to .01 cent per share, on revenues of $2 million. Meanwhile, it remains embroiled in talks with the city over entitlement rights for its projects.