CHICAGO-A $13.8-million multifamily facility for senior citizens who need assistance with daily living activities uses financing that combines low-income housing tax credits with a state Medicaid pilot program.

BEAUMONT, TX-The popular book retailer finalizes a long-term lease for Parkdale Mall in Beaumont, northeast of Houston. Build-out kicks off in mid-September 2002 on a superstore model that will open its doors in late October 2002.

PHOENIX-A group of California investors pay $63,650 per unit for a 96-unit complex built in 2000. The Sun Terrace Apartments in Northeast Phoenix attract a higher-than-average per unit selling price in a market that's favored by investors.

ST. PAUL, MN-The 144-unit former Ramada Inn is owned and managed by Starbound St. Paul Hotel. Proximity to the Xcel Center and 3M Co.'s world headquarters made the property attractive to the Vancouver, WA-based chain.