LOS ANGELES-The 60-year real estate industry veteran and founder of the firm that bears his name leaves a legacy of pioneering development, philanthropy and iconic Westside office buildings.

The spotlight is shining on its approach to investing and outlook in light of changing market conditions.

Three REITs talk about where they've been and where they're going with the threat of a recession hanging overhead.

TORRANCE, CA-The buyer acquires a 68-unit apartment complex with 50 renovated units and upside in a strong market, brokers on the deal report.

BURBANK, CA-The Beverly Hills-based multifamily specialist acquires the apartment complex for $11.5 million and plans to spend $1 million on renovations.

OCEANSIDE, CA-The Portland, OR-based investment firm is operating its new Oceanside Business Center industrial property as a multi-tenant building.

LOS ANGELES-The answer is "Yes and No" here at the group's annual Reinventing Retail conference, where one panelist says, "Malls aren't dead. They're just dysfunctional."

LOS ANGELES-The answer is "Yes and No" here at the group's annual Reinventing Retail conference, where one panelist says, "Malls aren't dead. They're just dysfunctional."