SANTA MONICA, CA-The Northern California buyer secures the mortgage for the $8-million purchase of the 28-unit Teriton apartment complex. The Corrigan family of Santa Monica is the seller.

LOS ANGELES-The owner of Spanish-language TV and radio stations takes 40,000 sf in a 13-year deal in Wilshire Courtyard. Entravision will pull two offices under one roof for extra space when the move takes place.

WOODLAND HILLS, CA-The Irvine-based investment firm takes on a new pension fund investor to buy out a former Bascom partnership that spent $2.9 million to renovate the Renaissance Apartments. The new team will go a step further with upgrades.

ORANGE, CA-The San Francisco-based owners plan "a complete make-over" for the 30-year-old Mall of Orange. The redevelopment includes a 36,000-sf expansion and a new name, the Village at Orange.

COSTA MESA, CA-The county has now overtaken San Diego County as the most expensive hotel market in Southern California, with a median selling price per room of $56,612. Last year, sales were up 11.1% with the take totaling $336.6 million.

COSTA MESA, CA-JPMorgan Fleming Asset Management buys an interest in the privately held REIT, which counts other large institutions among its investors. The strategy takes aim at expanding its retail investments.

VALENCIA, CA-The Valencia land owner, Newhall, and the Phoenix-based Opus form an alliance to develop build-to-suit office projects. Entitlements for the 40 acres should be in hand by the middle of the year.

LOS ANGELES-The investment and development group moves from Wells Fargo Center into 25,000 sf of the 2.7-million-sf property it bought earlier this year for $270 million. Next, a capital improvements plan will be unveiled for the two-tower Downtown asset.