ORANGE COUNTY, CA—Voit closes nine back-to-back industrial transactions totaling $50 million, the McCabe Office Complex $24.2 million loan and Akerman promotes Herman Enayati to partner in this week's wrap-up of deals.

LOS ANGELES—Xebec and Cornerstone break ground on a two-building, 361,038-square-foot industrial development on 15 acres of land it purchased in October.

LOS ANGELES—The Fed's nominal rate interested rate increase yesterday will reinforce confidence in the strength of the economy, says Lee &amp; Associates CEO Jeff Rinkov in this <b>EXCLUSIVE</b> interview.

LOS ANGELES—Condo prices are down 2% in Downtown Los Angeles after the sales efforts at the Metropolis helped push square-foot prices to record highs of $800 per square foot in October.

LOS ANGELES—Archway Holdings Corp. sells the renovated 9033 Wilshire for $75 million, $1,000 per square foot higher than the 2008 purchase price.

LOS ANGELES—The office vacancy is 18.4% in Downtown Los Angeles, but with a jobs-to-residents ratio of 8 or 9 to 1, multifamily developers are still drawn to the market.

Michael Barker: "We think the cycle is a bit long in the tooth, but we think the affordable range of multifamily is less susceptible to a severe downturn."

LOS ANGELES—It's all about rents, according to Joe Leon of JLL, who explains that rents for renovated older product can be $300 to $500 less than new construction, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.