RICHARDSON, TX-Less than a month after buying the note, Granite Properties forecloses on a Telecom Corridor property, once leased to Nortel. Elman Investors of New York City has owned the building since 1989.

DALLAS-The news came bright and early this morning, just one day after the Dallas-based food giant filed a Chapter 11 petition in Delaware. The court hears motions tomorrow. The bridge loan is a lead-in for $150 million in permanent DIB financing.

DALLAS-The Dallas "survivors" are getting aggressive to win final signatures, but the end result has been one of the hardiest class A signings in quite some time. The deals are turning on lights in space that's been empty for nigh on a year.

ABILENE, TX-The Hotel Wooten Apartments is one of the largest undertakings to date in Abilene's revitalization plan. A Dallas lender, an Austin developer and the West Texas property come together for a $3.9-million HUD loan to help speed the makeover.

DALLAS-Brokers should be on the streets in two weeks to court domestic investors, accredited and unaccredited, for three publicly registered funds. A handful of letters of intent and offers already have been placed for US real estate.

DALLAS-PMC Commercial and PMC Capital are selling just a few, not all, of their 22 AmeriHost Inns in a move independent of their merger plan. Those that are up for sale are being marketed by PMC's operator, Arlington Hospitality, under a prior agreement.

DALLAS-The Dallas-based food giant files the petition today in US Bankruptcy Court in Delaware. All facilities will remain open and vendors should be paid "on time and in the usual manner," said the firm's interim president and CEO.

DALLAS-PMC Commercial and its lender arm, PMC Capital, are working toward a fourth-quarter merger, but until then capital strategies are at work, from a portfolio sale of AmeriHost Inns to a $46-million co-securitization that hopefully closes in Q2.