Washington, DC-After forming a federal financial advisory service arm to its government services group, Insignia/ESG named B. John Farmakides managing director. He will spearhead its government marketing program.

DALLAS-The merged REpipeline and Photonics board meets Thursday to weigh the potential of six buyout deals. The aggressive take-over plan is aimed at setting up a "one-stop shop" for the commercial real estate industry.

SAN FRANCISCO-The company, currently located on Oak Port Street, has already brought on six new agents and plans to hire several more. The location of the new Oakland office is still undecided, but will be Downtown, says one company source.

LOS ANGELES-California's highest court rules that homeowners cannot sue developers for negligence unless a home's defects causes real injury or financial loss. The decision could prompt more construction of condos and townhomes.