Capital Markets

ATLANTA-CNB Holdings Inc. of suburban Alpharetta, GA, is at $100 million in assets from $55.5 million in the year-ended period of Sept. 30, 2000, an 80% increase. The two-branch bank's broad range of products include commercial real estate lending and residential mortgage services.

DENVER-While admitting "uncertainty for the remainder of 2001 and for 2002," Apartment Investment and Management Co. says it expects third-quarter funds from operations to be up 5.7%.

ANAHEIM, CA-Standard & Poor's says sudden drop in travel to this tourism Mecca could jeopardize the city's ability to pay municipal bondholders. Move is latest sign that impact of last month's terrorist attacks is rippling across nation's economy.

HOUSTON-Stewart Mortgage brings a 16-year veteran of the lending industry aboard to steer its e-title division. Kerry A. Stith hails from the ranks of PNC Bank's consumer lending departments. He assumes the role as division president and senior VP at Stewart.

NEW YORK CITY-A local REIT with a minor interest in a Penn Station-area office tower spends $29 million to bring its stake up to 49.9% and secures an $85 million mortgage on the property at the same time.

WASHINGTON, DC-The rise is seasonally adjusted. On an unadjusted basis, the measure declined 22.7%, but was up 76.7% compared with the same week a year ago.

BOCA RATON, FL-The real estate investment trust reports the weighted average gross rental rate on new leases signed increased $12.39 per sf over the second quarter.

LONDON-Listed agency Savills has announced profits virtually unchanged for the six months to 30 June 2001, despite reporting a slowdown in both investment and leasing activity in the UK.