RIVERSIDE, CA-The Irvine office of the San Diego-based company closes on the $12.65 million purchase of a 92-unit complex called Oak Crest Apartments, which Davlyn will rename as Highlander Park.

IRVINE, CA-The Los Angeles-based office REIT garners an $18.5-million early termination fee from ConAgra's exit from the Park Place office complex. The REIT will receive $1.7 million more through August 2010.

LOS ANGELES-In an unusual deal for an institutional investor, Apollo buys a nine-property portfolio of 494 units built between 1919 and 1930.

BEVERLY HILLS, CA-The new Waldorf-Astoria will be a 120-room property that will be part of a previously announced long-term plan to revitalize the landmark Beverly Hilton Hotel.

BEVERLY HILLS, CA-The new Waldorf-Astoria will be a 120-room property that will be part of a previously announced long-term plan to revitalize the landmark Beverly Hilton Hotel.

BEVERLY HILLS, CA-The La Colonnade office and retail building occupies a prominent spot in the Beverly Hills Triangle, at the corner of Santa Monica Boulevard and Camden Drive.

SANTA ANA, CA-The Northern California-based buyer acquires the 107,687-sf Bristol Marketplace in an exchange out of an apartment property.

LOS ANGELES-As part of its acquisition of Trammell Crow, CBRE acquired an interest in the UK-based firm, which has been sold to a variety of institutional investors via an open-market transaction.