TOMS RIVER, NJ-Schenkman/Kushner will build 235 luxury units in New Jersey's fastest-growing county. Ground has been broken; completion is scheduled for 2001.

AUSTIN-Crescent Real Estate Equities of Ft. Worth likes the odds of adding an 86,000-sf spec office building to its Avallon complex in the city's northwest sector. The area presently has a 4.5% office vacancy rate, which means it most likely won't be empty for long.

HOUSTON-Trammell Crow Residential options 17 acres on the banks of the White Oak Bayou to build an 800-unit apartment project. It could ignite momentum in the area that lags behind the city's urban core in multi-family development.

SAN DIEGO-Officials of embattled REIT trying to appease Westbrook, fend off Schottenstein.