HOUSTON--CBRE Capital Markets' Debt & Structured Finance team has secured $49.7 million in construction financing for The Village of River Oaks, a 195-unit, class A senior housing community located in Houston.

HOUSTON--National Asset Services (NAS) has brokered the sale of 602 Sawyer Street, on behalf of 22 tenant-in-common co-owners, to Houston-based Griffin Partners. The property, an 85,923-square-foot, seven-story office building, is located in the Midtown submarket.

HOUSTON—It's challenging and rewarding transitioning old buildings into new office concepts.

HOUSTON—Unexpected sources are just part of the office picture, say panelists on the "Capital Markets Outlook" panel at NAIOP's inaugural O.CON.

DALLAS--BOKA Powell, a Dallas-based architecture and interiors firm, has completed design work on the $11.2-million Hatcher Station Health Center, developed by Frazier Revitalization Inc. and operated by Parkland Health and Hospital System. The 44,300-square-foot clinic near Fair Park is located on a seven-acre site adjacent to DART's Hatcher Station.

DALLAS—On the heels of acquiring a 902,715-square-foot industrial portfolio in El Paso and Harlingen last week, Sealy & Co. has disposed of its Texas Industrial Portfolio, which consists of 19 institutional quality assets totaling 1.48 million square feet located in Dallas, Houston and San Antonio.

DALLAS--VCM Development Group LLC has sold an 119,868-square-foot site in Frisco to Primrose Schools. The site is located at the northeast corner of Main Street & Teel Parkway in west Frisco.

AUSTIN--HFF has closed the sale of Terrain, a 101-unit apartment community in the South Austin submarket.