SEDONA, AZ-The owner of an upscale retail and hotel property in Sedona gets final clearance on two loans to retire mortgage and property rehabilitation debts. The bundling comes with a $500,000 annual savings, says arranger Aries Capital.

OCEANSIDE, CA-The city is worried an initiative that would restrict development in El Corazon, stopping a 200-room resort and golf course and, by association, plans for nearby beachfront resort.

NATIONAL CITY, CA-Three National City residents filed the lawsuit last summer, contending the city failed to conduct adequate environmental reviews before approving a Kmart superstore. Wal-Mart will now be developing the site instead, say city officials.

COPPELL, TX-Superior Air Parts heads to Duke Realty's Freeport V in Coppell in a 10-year lease for 27,500 sf. In Arlington, a Great Southwest Industrial Park building gets Wheel and Tire Designs in a long-term pact for 5,000 sf.