LOS ANGELES-Realty Mogul crowdfunds five multifamily properties in the Los Angeles' Baldwin Hills neighborhood with 141 total units, GlobeSt.com learns in this <b>EXCLUSIVE</b> story.

SAN PEDRO, CA-Topaz, a newly completed 11-story, 300,000-square-foot office tower on the waterfront in San Pedro, accommodates the influx of creative tech companies moving to the market.

LOS ANGELES-Private investment firm TPG acquires the Arden Group Inc., the parent company of Gelson's Markets, in a transaction valued at $394 million.

LOS ANGELES-A 30-unit apartment complex in West Hollywood receives 39 offers from potential buyers, eventually selling for $550,000 above the asking price.

NORWALK, CA-Icon Builders completes the Norwalk Tower, a 185-unit affordable senior housing complex built and acquired using 9% low-income tax credits from TCAC and HUD.

LOS ANGELES-Former Thomas Properties Group co-COO and general counsel Paul Rutter returns to Gilchrist &amp; Rutter PC, the law firm he co-founded in 1983, as of counsel.

LOS ANGELES-CBRE Global Corporate Services expands its international services relationship with Bank of America to cover Europe, Middle East, Africa, Asia Pacific and Latin America.

PASADENA, CA-A joint venture between Urban Commons and Brighton Management acquires the 333-room Sheraton Pasadena with a 20-year commitment from the hotel chain to remain at the location.