LAGUNA HILLS, CA-Triple Net Properties of Santa Ana, Calif. acquires the 73,000-sf Saddleback Financial Center from MIG Realty Advisors of Walnut Creek, Calif.

BEVERLY HILLS, CA-The hotel chain attributes the results in part to growth in revenue per available room and a $15.6 million reduction in the provision for income taxes.

ONTARIO, CA-After outperforming its larger neighbors in recent years, this relatively small office market of Riverside and San Bernardino counties continues to post relatively low vacancy and increased activity.

NEWPORT BEACH, CA-Health Care Property Investors reports much higher net income and slightly higher funds from operations compared with figures for the third quarter of last year.

LOS ANGELES, CA-Kilroy Realty Corp. and Thomas Properties are battling over a proposed Thomas development in El Segundo. Kilroy lost the first round in an environmental lawsuit against the project but has filed an appeal.

FULLERTON, CA-The buyer of the property obtains $6.9 million in debt and $1.95 million in equity to acquire and rehabilitate the 88-unit Citrus Pointe complex. The two-story, wood frame and stucco complex was built in 1962 and has been renovated several times.

LOS ANGELES, CA-The L.A. County office market posts negative net absorption in the third quarter, but absorption improved dramatically from a year ago and could hit positive territory by early 2003, an Insignia/ESG report says.

NORTH HOLLYWOOD, CA-The 101-unit La Nouvelle complex sells for $102,970 per unit and a 6.7% cap rate. The complex is near the Hollywood (170) Freeway and comprises 123,650 rentable sf on 1.25 acres.