SANTA BARBARA, CA-The Nashville-based hotelier unveils a renovation plan for the 122-room Hotel Oceana, located along a coast where little or no new development is permitted.

SANTA BARBARA, CA-The Nashville-based hotelier unveils a renovation plan for the 122-room Hotel Oceana, located along a coast where little or no new development is permitted.

RIVERSIDE, CA-The Main & Garner Business Park, a JV of the Obayashi Group and Tuffli Co., signs job training nonprofit Ability Counts to a 10-year lease at the industrial park.

IRVINE, CA-The Jacuzzi Brands Corp. deal is for 30,813 sf at Opus West's new Shoppes at Chino Hills office space.

LOS ANGELES-Two borrowers take cash out for investments and upgrades to their properties in the Brentwood area of L.A. and in Chatsworth.

LOS ANGELES-The partnership of Canyon Capital Realty Advisors and former L.A. Lakers basketball star Magic Johnson closes on the third of its urban revitalization funds.

LOS ANGELES-The partnership of Canyon Capital Realty Advisors and former L.A. Lakers basketball star Magic Johnson closes on the third of its urban revitalization funds.

IRVINE, CA-An 80,259-sf portion of a 130,259-sf center in Murrieta trades for $24 million and a 69,649-sf Ralphs supermarket in Redondo Beach sells for $17.6 million.