SAN ANTONIO-Luby's, a 220-cafeteria restaurant chain, has a new benefactor in Pappas Restaurants. The Pappas owners have secured 1.3 million Luby's shares in the wake of this week's reporting of a $2 million loss for its first fiscal quarter.

AUSTIN-The 142-unit Riverside Place Apartment complex has changed hands in an end-of-the-year transaction. Vinland Riverside Partners LP, based in New York City, has transferred the holding to Briarwood Riverside Apartments Ltd. in San Diego.

AUSTIN-AMLI Residential has ended the year on a high note, reaching stabilization and lease-up of seven apartment communities nationwide. Austin's Monterey Oaks is the point man in the lease-up category.

AUSTIN-It's a way of giving back to the industry that has made them successful. Thirty-four real estate and finance executives have pooled $2 million to help fund UT's Center for Real Estate Finance.

GEORGETOWN, TX-Quorum Equities has secured 135 acres from Apple Computer that had been ticketed for a manufacturing plant of 1.2-million sf or more. Two big-box retailers have been signed for the proposed retail project and more are sure to follow.

SAN ANTONIO-The decision's made. Enviro-Clean of America has chosen San Antonio for its permanent headquarters. The company has offices in New York City and San Antonio. The year-end decision also brings a refocus in corporate strategy.

AUSTIN-Something's amiss at Netpliance, where co-founder and investors have initiated talks for a buyout. The acquisition group currently owns 52% of the Austin company's common stock and has lobbed an offer of 65-cents per share for outstanding shares.

AUSTIN-NetSolve, a CarrAmerica provider, is planning for a spring move into 78,000-sf at Amber Oaks Corporate Office Park. The space will supplement, not replace, 70,000 sf of office quarters at Riata Trace Parkway.