FLINT, MI-Citizens Banking Corp. and Republic Bancorp will merge Republic into Citizens. The new Citizens Republic entity will have 275 branches in five states.

CARPINTERIA, CA-Five Hardee's and 15 Carl's Jr. units will open this year. Performance dictates expansion pace.

BOSTON-Beacon Hill Bistro & Hotel obtains $4.6 million in first-mortgage financing. Cash flow from the restaurant was underwritten for that component as a commercial lease.

LANGHORNE, PA-Preferred Real Estate Investments sells the 193,784-sf industrial facility at 900 Wheeler Way for $7.9 million. The new owner plans a 60,000-sf addition as the area vacancy drops to 5%.

BOSTON-The state's Department of Environmental Protection approves EOP's plan to redevelop land containing three historic buildings. It combines residential conversion with a new 31-story office building.

BOSTON-The state's Department of Environmental Protection approves EOP's plan to redevelop land containing three historic buildings. It combines residential conversion with a new 31-story office building.

CRANBERRY TWP., PA-The Ohio developer will break ground by year-end for the Shoppes at Cranberry.

CRANBERRY TWP., PA-The Ohio developer will break ground by year-end for the Shoppes at Cranberry.