YORBA LINDA, CA-The builder acquires a 5.1-acre urban-infill community and plans to build 51 townhomes here to blend in with the existing neighborhood.

NEWPORT BEACH, CA-The office building at 2050 Main St. in Irvine takes the award for Outstanding Building of the Year in the 250,000-square-foot-499,999-square-foot category at a recent BOMA awards ceremony here.

IRVINE, CA-The energy sector is driving development across the board, and companies are investing construction capital carefully, Dennis Stejskal at Sage CRE tells Carrie Rossenfeld in this <b>UPDATE</b> to an earlier story.

IRVINE, CA-Alex Hernandez joins the firm as part of an anticipated expansion over the next three years to handle land acquisition and project management.

IRVINE, CA-The total number of US bank repossessions in November was down 19% from the previous month and is at its lowest level since July 2007, reports RealtyTrac in this <b>UPDATE</b> to an earlier story.

IRVINE, CA-The materials/natural resources segment will drive robust growth in certain areas of the country, and healthcare will expand secularly, says Chris Muoio of Auction.com in this <b>UPDATE</b> to an earlier story.

IRVINE, CA-The decrease is the biggest monthly drop since November 2010, but not all states are following the trend, reports RealtyTrac.

ORANGE COUNTY-Unit absorption keeps its pace despite the introduction of new multifamily deliveries, and sales velocity is strong, reports Jones Lang LaSalle.