PORTSMOUTH, VA-Bethesda, MD-based Crestline Capital Corporation and Stormont Trice Development opened the $48 million Renaissance Portsmouth Hotel and Waterfront Conference Center here at 1 p.m. on Jan 10. The 250-room hotel has a 24,000-sf conference center.

ATLANTA-The metro markets posted an overall occupancy rate of 91.65%, surpassing the 89.8% that Richard Bowers & Co. had predicted for all of 2000. Average class A, full-service rents of $21.45 per sf matched the researcher's earlier estimate of $21.50 per sf.

SAN DIEGO-State officials have filed charges against entities that allegedly bilked seniors out of $38 million in a real estate fraud scheme.

SAN CLEMENTE, CA-Reza Etedali of Sperry Van Ness represented both parties in this transaction that garnered more than $217 per sf for the owner/seller.