CULVER CITY, CA-The Malibu-based investment firm acquires the apartment complex through Hyde Park Ltd., helped by a quick closing on the acquisition loan.

MORENO VALLEY, CA-The Empire Cos.' 168-unit Aspen Hills at Moreno Valley Ranch enters its fourth phase.

AZUSA, CA-The Los Angeles-based development and investment firm plans 66 condominiums and 32,500 sf of retail space on a newly acquired site in this city.

AZUSA, CA-The Los Angeles-based development and investment firm plans 66 condominiums and 32,500 sf of retail space on a newly acquired site in this city.

IRVINE, CA-The largest of the four developments completed by the firm is the $66-million University Research Park project for the Irvine Co.

SANTA BARBARA, CA-Pacifica Hotel Co. secures the second stage of $88.5 millon in first mortgage financing for nine hotels via Los Angeles-based Sonnenblick-Eichner Co.

PALM DESERT, CA-Stater Bros. supermarket and Walgreen's sign for space at the Marketplace in Palm Desert, adjacent to Sun City at Washington Street and Varner Road.<p>

FULLERTON, CA-Security Properties Inc. of Seattle adds to its Orange County holdings and plans improvements at the 147-unit multifamily complex.