SAN FRANCISCO-The rating is recognition of the locally based mortgage insurer's significant commitment to the European mortgage insurance business, and will enhance the company's ability to capitalize upon those prospects.

VACAVILLE, CA-Chicago-based Capri Capital arranged $4.92 million in permanent financing for Saratoga Senior Apartments, a recently completed 108-unit affordable senior housing complex by Sacramento-based Saint Anton Partners LLC.

SAN FRANCISCO-Kent Swig is facing a $20-million default on his much delayed luxury high-rise planned for Second and Natomas streets, but local experts say the development will likely be built despite his financial difficulties.

SACRAMENTO-The North Carolina-based home improvement retailer is expanding in Elk Grove and building new stores in Citrus Heights and Vacaville. The Sacramento retail sector has grown by more than 2.5 million sf in the past year.

SAN FRANCISCO-The Chicago-based investment management firm has promoted Erich Sengelmann to head up the company Northern California tenant representation and corporate facilities management operation. The company also beefed up its Bay Area capital markets division.

PALO ALTO, CA-The online publication that collects, summarizes, and publishes opinions on hotels, resorts, and inns says it will restrict entries in the Brokerage Services section of its website to agents with hotel industry experience.

SAN JOSE-The Northern California division of the Dallas-based company beats out Grubb & Ellis and Legacy Partners to manage the 416,000-sf Greylands Business Park here at 1550-2145 Hamilton Avenue.

SAN JOSE-The 21-story, 336,000-sf structure, to be located at 8 East San Fernando, will be the tallest building in the city. Skidmore, Owings & Merrill is the architect for the project.