MORENO VALLEY, CA-The 330-unit complex will convert to market-rate rents from partially market-rate and partially rent-controlled. A New York City lender uses Fannie Mae to turn a loan with 5.5% interest rate.

INGLEWOOD, CA-Megatrux Express, an affiliate of City of Industry-based Megatrux Inc., leases 27,743 sf about a mile from Los Angeles International Airport. The firm is planning an April 15 move into the former FedEx building.

LOS ANGELES-The Modesti family, which has operated on the site for 30 years, sells one corner property and moves to another. Several offers surfaced for the prime corner, but the winner was Peretz Properties of LA.

LOS ANGELES-The apartment market shines, but office, industrial and hotel properties also are sound, says CB Richard Ellis Investors' newest report. "Bright," "fundamentally sound" and "healthiest" are used to describe the marketplace.

LOS ANGELES-The empty property brings slightly more than $1.3 million for a seller who bought it in August for $875,000. The new owner, as was the seller, is planning a full rehab and rent hikes when the makeover's done at the 24-unit complex.

ANAHEIM, CA-A 1031 Exchange buyer acquires the fully occupied South Ohio Apartments from a seller who had owned it almost since it was built. The property traded at a 7.39% cap rate, the CBRE brokers say.

LOS ANGELES-The Modesti family, which has operated on the site for 30 years, sells one corner property and moves to another. Several offers surfaced for the prime corner, but the winner was Peretz Properties of LA.

LAKE FOREST, CA-InSight Health Services Corp. is bringing several offices under one roof at its headquarters in Pacific Commercentre Business Park. Brokers rework a 23,603-sf lease and extend its term to make room for the rest of the team.