WEST HOLLYWOOD, CA-The Maryland-based hotel REIT acquires its fourth West Hollywood property, the Chamberlain West Hollywood, for $38.5 million.

IRVINE, CA-Locally based Sycamore Urban Properties acquires a distressed project that was dormant for two years and plans to have units ready for sale in the spring of 2011.

DENVER-With the 70% loan-to-value financing, arranged by CBRE Capital Markets, an affiliate of Walton Street Capital, acquires the 96%-occupied 317,564-square-foot office project.

CARLSBAD, CA-The Beverly Hills-based company’s acquisition of the western portion of the Robertson Ranch master-planned project marks Shapell Homes’ return to the San Diego market.

DOWNEY, CA-The longtime Southern California economist was for decades the best known and most widely quoted authority on the region’s economy.

ENCINO, CA-The company’s new chief financial officer, formerly a first vice president with the firm, succeeds Stuart Kaiser, who retired in November.

NEWPORT BEACH, CA-Pat Miller, Ken Jaffe, Mike McDaniel and Mark Brandenberger establish the firm as a Finra-registered broker dealer and a separate advisory services organization.

SAN FRANCISCO-The Jones Lang LaSalle Northwest market director and international director talks with GlobeSt.com’s Bob Howard about expansion and market drivers in the region.