LANCASTER, CA-The Irvine-based investment group acquires the Villa Mirage Apartments in a joint venture with Rockwood Capital. It's Bascom's third acquisition in the Antelope Valley.

WEST HOLLYWOOD, CA-The 108-room Grafton On Sunset occupies a Sunset Strip location near Beverly Hills. LaSalle Hotel Properties acquires it for $25.5 million.

WEST HOLLYWOOD, CA-The 108-room Grafton On Sunset occupies a Sunset Strip location near Beverly Hills. LaSalle Hotel Properties acquires it for $25.5 million.

LOS ANGELES-The company will manage the portfolio of industrial parks, distribution centers and warehouses for AMB Property Corp. of San Francisco.

ROSEMEAD, CA-The restaurant chain plans to double within three years, including more than 100 new stores this year.

LOS ANGELES-Bentley Forbes names Michael Navarro as SVP of portfolio management. National design firm Rossetti names Carl F.Meyer as managing director of its California office.

DOWNEY, CA-The 22-unit apartment property trades for $2.7 million, one of three multifamily deals to close recently.

LAS VEGAS-The maker and marketer of wireless phones opens its fifth "Experience Center" at the Fashion Show Mall.