ROCKVILLE, MD-The commercial mortgage company was slated to come out of bankruptcy protection this week, nearly two-and-a-half years after filing for reorganization. Meanwhile, the company reported losses for 2000 of $155.5 million.

WASHINGTON, DC-Fannie Mae's first quarter net income is up 16.6% over the same period last year. Net income was $1.2 billion, while earnings per share were up $1.20.

WASHINGTON, DC-E. Michael Norville is the REIT's new regional manager, while Jonathan Kaylor takes the helm as the region's VP of leasing. The two promotions are among several announced by Boston Properties.

WASHINGTON, DC-Weakening job markets and slipping consumer confidence helped push the housing market index down another two points, to its lowest point since January. The last time the index reached similar levels was in 1997.

WASHINGTON, DC-The city will seek proposals for a mammoth new "headquarters hotel" for the new Washington Convention Center, just part of the big changes ahead when the current center is demolished.

WASHINGTON, DC-David B. Cardwell will join the National Multi Housing Council as its vice president of finance and technology. Most recently he had been Freddie Mac's senior manager of product development.

BALTIMORE, MD-Kramont Realty Trust sold the 173,000-sf shopping center for an estimated $6.3 million to a local office developer. The center contains a vacant three-story department store building.

ALEXANDRIA, VA-Real estate developer The Mark Winkler Company has launched a new corporate Web site that contains detailed listings about the firm's commercial and residential properties.