GARDEN GROVE, CA—An Orange County-based private investor makes its first commercial-property venture by buying the 35,515-square-foot Garden Grove Festival Square here in this <b>UPDATE</b> to a previous story.

ANAHEIM, CA—Scalzo Hospitality Inc. plans to replace the 86-room Park Vue Inn, a third-generation, family-owned hotel near Disneyland, with a 162-room, mixed-used building designed by MVE &amp; Partners.

ORANGE, CA—The ability to add to nearby owned assets is only one of the reasons why this property appealed to the firm, Greenlaw Partners' Wil Smith tells GlobeSt.com in this <b>UPDATE</b> to an earlier story.

HUNTINGTON BEACH, CA—In this <b>UPDATE</b>, the real estate direct-investing arm of Canyon Partners LLC commits to a $37-million mezzanine construction loan to DJM Capital Partners for the development and leasing of the lifestyle retail center.

COSTA MESA, CA—The firm improves its capacity to provide government-backed loans quickly and efficiently by offering in-house origination and funding and has just hired a new VA underwriter to expedite funding.

IRVINE, CA—As R.D. Olson completes extensive multifamily and residential development throughout Orange County, the firm finds that residents are demanding high-style, high-function common amenities.

IRVINE, CA—Keith Kropfl becomes a principal, and Ganz is an associate. The new hires will provide the firm with leverage as it continues to expand its retail and enterprise-solutions services.

IRVINE, CA—Technology is enabling office footprints to shrink, and yet tech companies are among the country's strongest occupiers, Auction.com's Peter Muoio tells Carrie Rossenfeld.