A one-acre parcel located at 13218 State Highway 29 recently sold to EL Jap LLC and the land will be developed into a restaurant in conjunction with the new Texas Pawn and Jewelry store.

The Bay Area-based has secured an estimated $75 million in capital commitments to its opportunity zone fund aimed at closing the affordability gap in the expensive local housing market.

The properties have low vacancy rates and offer affordable options for renters, according to Starwood Capital.

Capital One has loaned $131.2 million to RXR Realty, a New York-based real estate firm, for the construction of 26 South Division St., a 28-story mixed-use apartment tower in New Rochelle, New York.