SAN ANTONIO-NorthMarq Capital, working on behalf of Magi Real Estate, arranged for the $39 million bridge loan for Brass Professional Center.

HOUSTON-Locally based Equitas buys 63000 W. Loop South in the Bellaire submarket from Braun Enterprises. The seller had acquired the 1970s building from foreclosure in May, 2010.

DALLAS-The Dallas Morning News reports that owners of the 190,000-square-foot center property want to replace it with a 650-unit multifamily property and a 125-bed senior facility.

PHOENIX-Deco Communities paid $18 million to TGM Realty Partners for local Squaw Peak Apartments and Hyde Park Apartments in Tempe. The assets will operate under the Cabana brand name.

PHOENIX-The Los Angeles-based retail developer and owner specializes in Hispanic shopping centers and recently acquired the 100,000-SF El Monte Plaza. The goal? Three more local acquisitions in 2013.

AUSTIN-Christopher Commercial obtained a $33M loan, which paid off a line of credit on the 357,000-SF Shops at Arbor Trails, because of interest rates. HFF's Doug Opalka says it's a great time to borrow.

AUSTIN-Ten days after announcing acquisition financing for a multifamily buy, the local borrower works with HFF to obtain a $33M refinance loan for its 357,000-SF Shops at Arbor Trails.

HOUSTON-The law firm opts to take floors 11 through 13 in the class A, one-million-square-foot, CBD office building, which was developed and is owned by Hines.