MIDLAND, TX-The limited partnership borrower takes out the loan through Dallas' Malone Mortgage. Secured by HUD's Multifamily Accelerated Processing program, the 30-year loan is fully assumable.

SAN ANTONIO-The occupancy rate is near 89% and the average rent up 2.1%, according to new market report from Holliday Fenoglio Fowler. A stable local economy and a flourishing trade zone keep the region moving.

SAN ANTONIO-Kinetic Concepts has sealed a modified sale/leaseback of its Northwest San Antonio property, acquired in 1992. The firm keeps 130,000 sf for the headquarters and gets 30,000-sf expansion option in the 10-year master lease.

SAN ANTONIO-Performance Properties gets a $2.2-million preferred equity investment from Hall Financial Group to help buy Crystal Springs apartments. About $800,000 will be used for capital improvements. In return, Hall stakes a 10% claim.

AUSTIN-New complexes, planned during the boom times, are delivering in the midst of the bust. Consequently, concessions are shaving rent 8.8% to 10.9% in some submarkets. Still, more new product is on the way.

AUSTIN-New complexes, planned during the boom times, are delivering in the midst of the bust. Consequently, concessions are shaving rent 8.8% to 10.9% in some submarkets. Still, more new product is on the way.

DALLAS-The move comes after shareholders rejected a $12 per share bid.

DALLAS-The law firm relocates from the commercial business district to the North Central Expressway.