SAN ANTONIO-A Dallas owner has refinanced a $3.8-million loan for the 210-unit Park at Presa in San Antonio. The financing is being used to upgrade the 15-year-old complex and retire existing debt. Metropolitan Financing Corp. has handled the transaction.

HOUSTON-Land is a hot ticket in the northwest corridor these days, with three sales coming down the pike. The largest tract, 13.1 acres, is destined for a townhome development. Another parcel is for a private school and the other, industrial use.

TUCSON-While sales of new and existing homes were down during February, the value of the average home here rose more than $10,000 in the past year, and building permit numbers are on the rise too.

PHOENIX-A 52-unit, garden-style apartment complex has been purchased for more than $23,000 per unit by a local investor. The east Phoenix submarket is currently one of the healthiest in the region.