FT. WORTH-A $28.1-million loan coupled with mezzanine financing is being used to acquire apartment complexes in Ft. Worth, Houston and Las Vegas. Of the financed amount, $3.5 million is earmarked for renovations.

DALLAS-Stockholders are expected to approve a re-incorporation for Sterling Media Capital Group, which will change the Pennsylvania-incorporated entity into a Nevada corporation. A majority-owned bloc says the change is a sure thing.

DALLAS-Triad Hospitals has set its 2001 course, taking full control of a Tulsa, OK hospital, selling one in Sherman, TX and abandoning a $150-million replacement project in northern San Diego County. Tulsa is the big gainer in the portfolio shuffling.

FT. WORTH-Crescent Operating is making progress on a restructuring that should be ready by the end of the first quarter. The plan is a result of the REIT Modernization Act, which took effect yesterday.

FT. WORTH-Crews are hard at work on a $780,000 project for Sysco Food Services of Dallas Inc. Sysco hopes to relocate April 15 to the Riverbend West Business Park office from a spot in west Ft. Worth.

DALLAS-Job growth and high interest rates have been a boon to the nation's multifamily market. In the southwestern US, apartment-dwellers are paying more as construction cuts choke supply. More of the same is predicted for 2001.

DALLAS-A well-known veteran of Texas mortgage circles has been named regional vice president for the southern region of GN Mortgage, based in in Memphis. Blair Ball is the co-founder of the Texas Association of Mortgage Brokers.

RICHARDSON, TX-The Renaissance Richardson, under construction since November 1999, has reached a milestone in its construction schedule, which is on track for a May 2001 opening. The hotel, John Q. Hammon's first Renaissance in Texas, has decided to start its 2001 dance card