DALLAS-Macfarlan Real Estate has hired a new senior vice president of development with high-tech expertise. He promises a first quarter 2001 project announcement for one of three Macfarlan land holdings or a new telecom hotel. Meanwhile, work begins today on a 200,000-sf project in Las Colinas.

NEW YORK CITY-Senior/subordinated pass-through certificate series 1998-C and 1999-A were placed on CreditWatch, in part, because of high projected cumulative net losses. Letters of credit issued by Societe Generale SA should allow them to pay both principal and interest.

FOUNTAIN VALLEY, CA-With the throw of a ceremonial electrical switch, members of a coalition of real estate and alternative providers of energy turned on one of the largest private solar energy systems ever built.