IRVINE, CA—The area running from Santa Barbara to San Diego contains the leading hotbeds of global technology, creativity and innovation, Savills Studley's Royce Sharf tells GlobeSt.com in this <b>UPDATE</b>.

IRVINE, CA—Labor shortages and rising construction costs are some of the concerns panelists at RealShare Orange County have as we move further into the recovery.

SAN DIEGO—One of the reasons apartments have remained so strong in the real estate industry is they are much more than just a place to sleep, Gerson Law Firm APC's Gordon Gerson tells GlobeSt.com in this <b>UPDATE</b>.

IRVINE, CA—Long-time apartment-building owners need to be convinced to put their properties on the market in order to revitalize Orange County's multifamily stock, say panelists at RealShare Orange County.

IRVINE, CA—Flipping of US residential properties drops below 5% of all sales in the second quarter, and the average return was down from both Q1 and a year ago, RealtyTrac reports.

IRVINE, CA—Panelists at RealShare Orange County here yesterday say there is a huge demand for creative-office space in Orange County; the challenge is to find it.

LAGUNA NIGUEL, CA—The off-price clothing outlet line will open its seventh Orange County location here this spring after signing a lease for 29,500 square feet of space, GlobeSt.com learns <b>EXCLUSIVELY</b>.

IRVINE, CA—Griffin-American Healthcare REIT III Inc. enters into a $60-million revolving line of credit with three major arrangers that may be increased upon meeting certain conditions.