BEAUMONT, TX-Folsom Apartment Development secures about $8.6 million of permanent financing with a 10-year term and 5.88% fixed-interest rate from Nationwide for the 148-unit Eagles Landing, a 92%-occupied, two-year-old complex.

HOUSTON-Sterling American replaces a joint venture partner in a nine-property portfolio with 1,737 apartments by assuming 10 loans to get a berth beside its longtime associate, BH Management of Dallas.

CLEAR LAKE, TX-The Village Green Apartments sell to a Miami buyer, who puts up nearly $7.4 million for a value-add holding with deferred maintenance. The new owner assumes a Fannie Mae loan and plans to spend $1 million on improvements.

HOUSTON-Sestech Environmental, outgrowing its existing address, takes 4,186 sf for the long term in the 75%-leased Greenbriar Place on the north side of town. The relocation delivers much-needed room for another hiring round.

HOUSTON-The Fingers Cos. gets a seven-year loan for $27.7 million at a sub-5% interest from Cigna for the Jackson Hill Apartments. Developed in 2002, the complex is now fully leased with monthly rents ranging from $995 to about $2,000.

SUGAR LAND, TX-The energy giant's third call center in Texas will open in June under a seven-year lease, with expansion rights, in a one-million-sf complex master leased to Fluor Corp. TXU execs say the ready-to-go space made the close.

HOUSTON-A local investment group turns over the Greenbriar Chateau, a class B asset in a class A neighborhood, to a Beverly Hills investor who assumes a $7.2-million Freddie Mac loan to close the deal.

HOUSTON-Draka USA, a subsidiary for an Amsterdam-based cable maker, reworks a 33,000-sf lease a couple years early, rolling in an extra 14,400 sf of abutting shell space for the newly drawn long-term lease.