Globest Sectors

DENVER-While admitting "uncertainty for the remainder of 2001 and for 2002," Apartment Investment and Management Co. says it expects third-quarter funds from operations to be up 5.7%.

WEST WINDSOR TWP., NJ-Designated for up to 800,000 sf of office space by the research organization, the site's eventual use hasn't been disclosed by Princeton University officials.

SANTA MONICA, CA-A private partnership acquires 30-unit development in the seaside community of Santa Monica. The multifamily market remains tight, with little new construction and tenants still willing to pay extra to live near the ocean.

CRYSTAL LAKE,IL-In addition to a federal suit involving plans in Hoffman Estates, homeowners near a site in this far northwest suburb object to plans for a 24-hour, 195,714-sf store, and the zoning board recommends denial.

LONDON-The UK's booming market for houses and apartments is starting its slide into oblivion, according to mortgage bank Alliance & Leicester. Housebuyers are becoming increasingly nervous about taking on new commitments.

PHOENIX-Westland Title rolls out the first of several offices planned for the Valley. The firm, which has corporate offices at Squaw Peak Corporate Center, signs for a 2,600-sf spot at Lake Biltmore Corporate Center in the city's north submarket

ANAHEIM, CA-Standard & Poor's says sudden drop in travel to this tourism Mecca could jeopardize the city's ability to pay municipal bondholders. Move is latest sign that impact of last month's terrorist attacks is rippling across nation's economy.

HOUSTON-Parkway Properties has picked up its 11th office building in Houston. The fully leased, 72,050-sf structure is positioned in the Greenspoint submarket. A Panattoni Development affiliate is the seller.