LOS ANGELES-Privately held Mani Brothers Real Estate acquires landmark high-rise, home of several entertainment-related tenants.

LOS ANGELES-Commercial real estate investors from Wall Street to Pacific Coast Highway cheer the Federal Reserve's surprise rate-reduction. Tenants will enjoy the benefits first but owners will eventually reap their share too, experts tell GlobeSt.com.

LONG BEACH, CA-Real estate syndicator F&F Partners acquires 126,700-sf office development on Ocean Boulevard.

LOS ANGELES-A fund sponsored by locally based CB Richard Ellis Investors LLC acquires 550,000 sf of office and medical space in Las Vegas from Sierra Health Services Inc.

LOS ANGELES-Editorial director Michael G. Desiato, online editor John

LOS ANGELES-An independent bank on the Westside acquires 95,527-sf complex in Mira Loma.

LOS ANGELES-The Long Beach City Council has issued a notice to Ohio-based Developers Diversified, saying approval for massive Queensway Bay mixed-use development may be yanked if financing can't be found soon. The builder blames problems on theater bankruptcies.

IRWINDALE, CA-A non-profit sports organization has signed a $10-million lease for 51,500-sf at an Irwindale office complex.