OXNARD, CA-LTC Properties Inc., an owner of assisted living facilities, will buy back up to 1.5 million shares of its stock at $8.50 per share, or about 8% of the company's outstanding common stock.

BEVERLY HILLS, CA-A quirky economic recovery and other uncertainties cast doubt on what is a generally positive picture for Southern California apartment investors, according to industry players who spoke to a sold-out crowd at the Beverly Hilton late last week.

NEWPORT BEACH, CA-Buchanan Street Partners and the huge pension fund have increased their capital commitment to Buchanan Urban Investors, which targets value-added urban redevelopment.

WESTWOOD VILLAGE, CA-TIAA-CREF buys the developer's 187-unit luxury apartment complex near UCLA for $455,000 per unit, believed to be the highest price per unit ever paid in LA.

HAWTHORNE, CA-A Lowe's Home Improvement Warehouse will be the first

NEWPORT BEACH, CA-Donald M. Koll will focus on his real estate

LONG BEACH, CA- Downtown Plaza is at 211 E. Ocean Blvd., just north of the city's popular Shoreline Village. It is 93% occupied and includes tenants The Designory, Barrister Executive Suites, and the City of Long Beach.

LADERA RANCH, CA-The 201-unit Laurel Canyon Apartments, built in 2001, is part of a new 4,000-acre planned community. The owner obtained the financing through Fannie Mae.