LIVONIA, MI-Ramco-Gershenson Properties Trust obtains refinancing for its fully leased center located on Middlebelt Road. The refinancing follows the REITs all-cash purchase of the center earlier this year.

TAMPA, FL-Checkers Drive-In Restaurants Inc. blames Hurricane Katrina for lost revenue and poor earnings for its fiscal third quarter.

OAK BROOK, IL-Inland American Real Estate Trust Inc. is buying an 80% stake in Coconut Creek, FL-based Minto Builders REIT, which recently acquired retail properties in the Houston and Tampa Bay, FL areas. Inland's first $294 million in property buys will serve as Section 1031 exchanges.

PLANO, TX-Precision Communications Inc. picks up the five-year balance Qwest Communications' commitment, allowing it to double its office/warehouse operating space in the local market. The keys will be turned over in December.