ATLANTA-The locally based developer of single-family and multifamily product adds four banks to the eight institutions backing its $250 million revolving credit facility which was scheduled to expire in November. The new line matures in September 2004.

ATLANTA-The Georgia Department of Revenue is taking the entire 43,414-sf Highwoods Center at Tradeport 111 building near Hartsfield International Airport for an estimated 10 years and 200,000 sf for 10 years at Century Center at I-85 and Clairmont Road, DeKalb County.

ORLANDO-Locally based Zom Inc. opens the 22-story, 230-unit Waverly, 322 E. Central Blvd., at a development cost of $45 million or about $195,652 per unit, about equal to the construction value of luxury hotels.

ATLANTA-The two-building package in Ft. Myers, FL went for $18.95 million or $33,068 per unit. JBM Realty Advisors of Naples, FL handled the deal for buyer and seller.

ORLANDO-REITs, pension funds and value-added buyers are paying as much as $200 per sf for retail sites with anchored grocery stores, brokers, investors and developers tell GlobeSt.com. But many owners are holding onto their properties as the volatile stock market plays itself out.

ORLANDO-With the stock market in the basement, institutional investors and other buyers are scouting the area for established, grocery-anchored shopping properties and willing to pay $50 per sf to $150 per sf for strong income-producing assets.

GROVELAND, FL-Moose Look Holdings Ltd. of St. Kitts in the Caribbean planned to buy Casa de la Loma ("House on the Hill"), the largest mansion in rural Lake County and convert it to a corporate hotel-like retreat, 28 miles west of Downtown Orlando.

CLERMONT, FL-Orlando-based Maury L. Carter & Associates Inc. has two more years to find a developer to build Highpoint at Clermont, a planned 300-unit, estimated $15 million venture in one of the hottest commercial submarkets in Central Florida, 25 miles west of Downtown Orlando.