ROCHESTER, NY-The owner of 15 malls in eight states says one alternative is a merger with another real estate company.

SEATTLE-Locally based HomeStreet Capital adds an affordable housing finance specialist whose charge is to turn the longtime multifamily lender into more of a one-stop shop for affordable housing developers.

RANCHO CORDOVA, CA-The New York-based REIT pays $31.8 million in cash and assumed debt for two two-story office buildings here that are net leased through mid-year 2012.

GRESHAM, OR-If the final plan for the Rockwood neighborhood is adopted by the City Council on Feb. 2, Gresham voters will decide the issue once and for all on the May ballot. If 50% of the voters say "yes,"the plan take effect.