DALLAS-The Texas Association of Property Tax Professionals' counsel says the commercial real estate cap is dead, but the stay is just temporary. The "hastily put together" HB 3223 just isn't the right revenue generator, he contends.

PORTLAND-The PDC is looking for proposals that would turn the property into a mixed-use residential-over-retail development. Preliminary drawings show a four-story structure with roughly 75 apartment units.

HOUSTON-Regnum Properties, an investment group with ties to Texas and Mexico, buys its first Houston property from a five-property disposition of Deutsche Bank. The two-building industrial asset was 95% leased at sale time.

RANCHO CUCAMONGA, CA-Pacifica Enterprises of San Diego buys the recently renovated Borgata at Alta Loma from Green Room Properties of Newport Beach. The investor gets an 89%-occupied complex and average monthly rents of $1,058 per unit.