Wall Street Apartments at 11700 Wall St. was picked up byTriumph Land & Capital Management LLC of Dallas, which has setaside $2 million to $2.5 million for upgrades. The buyer alsoassumed a $15-million loan, which carries a mid-5% fixed-rateinterest. The loan is held by PNC Bank, a subsidiary of PNCFinancial Services Group Inc., headquartered in Pittsburgh. The newowner has renamed the complex to Providence at Wall Street.

Venterra Realty Management of Webster, TX has bought Villas ofBristol Heights at 12071 Dessau Rd. Patton Jones, managing directorwith Apartment Realty Advisors' Austin office, says he couldn'tdiscuss details of the Villas of Bristol Heights' sale due to aconfidentiality agreement with the buyer. Venterra Realty did notreturn calls by deadline to comment on the purchase.

Although the sale prices weren't available, Metairie, LA-basedMBS had bought Wall Street Apartments in 2004 for $16.5 million.The following year it picked up Villas of Bristol Heights for $31.1million.