OAK BROOK, IL—Its recent name change and acquisition have given it greater financial wherewithal, and will allow it to pursue a long-term strategy without interference from Wall Street's short-term expectations.

BOSTON—Joseph, who has 30 years experience in commercial real estate finance, joins C&W as vice chairman.

LOS ANGELES—Advanced Real Estate Services out bids dozens of investors to win the Olivewood Apartment complex in the growing South Los Angeles market. The property will be rebranded as the 5800 Apartment Homes.