DALLAS-Well-capitalized investors looking to tap the seniors housing market should check out Texas, say two Dallas-Ft. Worth specialists. Returns are riding somewhere between 13% and 20% in a market with plenty of properties to be had.

DALLAS-After 25 years of ownership, Industrial Catering of Dallas has opted to sell a vacant tract, netting $429,000 for about 1.3 acres positioned northeast of Dallas' CBD. Buyer Provident Realty Advisors is drafting building plans for the site.

DALLAS-Well-capitalized investors looking to tap the seniors housing market should check out Texas, say two Dallas-Ft. Worth specialists. Returns are riding somewhere between 13% and 20% in a market with plenty of properties to be had.

DALLAS-Tweeters Home Entertainment Group has bought 3.2 acres for a retail strip center in Mesquite to build its sixth Dallas-Ft. Worth store and lease the balance. In the next year, eight of the Massachusetts-based chain's 20 planned stores will be in Texas.

MESQUITE, TX-High-rollers have zeroed in on the Dallas-Ft. Worth market, where class A multifamily sales reap nearly $38 million in two unrelated sales. A Grubb & Ellis team snagged the coup with two of Mesquite's four new complexes.

LEWISVILLE, TX-The Woodmont Co. has 27,908 sf left to lease of a 97,215-sf hole left by Montgomery Ward's at Lewisville's Lakepointe Crossing Shopping Center. Academy Sports takes the bulk of the space and Tire Dealers Warehouse gets the automotive center.

DALLAS-A class A, affordable housing project in Denton clears for a $12.6-million construction loan. Borrower Western Properties Development of Frisco, TX has taken a 40-year term deal with 7.09% interest to advance its latest project.

DALLAS-Arledge/Power Real Estate Group and Perkins & Will have picked up two leading executives from their competitors. Arledge/Power gets an Ernst & Young manager and the architectural firm snags a VP from HKS Inc. in Dallas.