SCOTTSDALE, AZ-A local partnership reaps the benefits of investing in Scottsdale and doing so in a tract with a zoning classification that is no more. A Colorado buyer pays $3.8 million for the 11-year-old structure in Scottsdale Airpark.

DALLAS-The 296-unit Quail Ridge brings nearly $6.3 million from a nonprofit, looking to acquire 10,000 units in three to five years. The 149-unit Commons at Ridglea goes to a Texas partnership with Colorado principals, who pay about $3.5 million.

NEW YORK CITY-The Technology Institute will occupy six floors with its School of Engineering and Technology and School of Management. Occupancy will begin in June and continue gradually until January 2003.

PORTLAND-As expected, Using Chapter 11 of the U.S. Bankruptcy Code, Shilo Inn founder Mark Hemstreet has sought protection from creditors for another 21 of his hotels this week. Twenty seven of his 46 hotels are now in bankruptcy, and the sale of some of them appears likely.