WASHINGTON, DC-RFS Hotels Investors, a hotel REIT, is moving operational management of 50 hotels from Hilton Hotels Corp. to the newly-formed Flagstone Hospitality Management, an alliance between MeriStar and RFS.

WESTBOROUGH, MA-In anticipation of future development, EMC Corp., the information storage company, placed 190 acres under agreement here and plans to buy an additional 100 acres pending approval of a zoning change.

WASHINGTON, DC-The retail-only real estate services provider has negotiated lease deals totaling more than 50,000 sf and sold a 15-acre mall in Kentucky alone. The DC-based company has completed almost 3,000 transactions in 2000.

ORLANDO-Orange County has $5 million but needs another $10 million to close a potential deal with cattle rancher Steve Holland for his former TM Ranch east of Lake Hart, the area's newest hot commercial spot.