DALLAS-NorthMarq Capital's Dallas office has arranged a $25-million loan for the owner of the 480-unit Legends at Ridgeview Ranch in Plano. In El Paso, Dallas' Oakwood Capital has bought a 320-unit complex.

IRVING, TX-JPI officially has cut the ribbon on an upscale community near Raleigh, NC. The 354-unit Jefferson at Cary Towne is one of 9,000 units in some 20 states that had been under construction at year's start.

BEDFORD, TX-Six months of looking ends with a Ft. Worth investor taking title to the Don Pablo's headquarters, which had carried a $4.9-million asking price. New owner Klabzuba Properties reportedly is making plans to lease the office building.

DALLAS-The first significant remodeling in nearly 20 years gets under way in August at the Downtown Dallas YMCA. The project is part of a $21.4-million capital improvement program that adds nine new Y's to the metroplex and upgrades 13 others.

DALLAS-Rooms To Go has grabbed another Dallas-Ft. Worth site, where the game plan is to build a 25,000-sf store. Brokers also are looking in west Ft. Worth and Austin. Meanwhile, two renewals and a relocation seal 59,266 sf of industrial space.

SOUTHLAKE, TX-A Grubb & Ellis team has just closed a 25-acre sale for client Verizon Wireless, but is headed back to the bargaining table to talk lease renewal at Solana. Maguire Partners has sold the land, but IBM holds the office space reins.

DALLAS-Investors are plunking their dollars into REITs in record fashion, say those in the know about Texas real estate. The state's countercyclical economy to the rest of the nation makes it a good landing spot as the stock market fights its 2001 battles.

DALLAS-DPR Construction is laying the groundwork for its first Dallas-Ft. Worth International Airport project, a $5.8-million undertaking for the authority's Department of Public Safety. Coming is a new fire station and redos at three others.