COSTA MESA, CA-In an <b>UPDATE</b> to an earlier story, Rick Fletcher of MBK Homes tells GlobeSt.com that available, entitled land is at a premium, dictating what and where projects are built.

IRVINE, CA-GlobeSt.com learns <b>EXCLUSIVELY</b> that the locally based firm has completed the $28-million acquisition of an apartment community in Durham, NC, and will be completing minor value-add upgrades to it.

NEWPORT BEACH, CA-The industrial real estate firm compares itself to a homebuilder vs. a multifamily developer: buying land and/or properties, rehabbing them and selling them to owner/users.

BREA, CA-The firm acquires a two-building, 61,555-square-foot warehouse and manufacturing facility here after foreclosing on the asset.

IRVINE, CA-The REIT acquires three apartment communities in Texas and Indiana, increasing its foothold in target markets throughout the middle of the country.

PALMDALE, CA-GlobeSt.com learns <b>EXCLUSIVELY</b> that the firm has arranged a $23.5-million loan for pool of single-family homes that borrower DRI Holdings had assembled over five years.

IRVINE, CA-In an <b>UPDATE</b> to an earlier story on office recovery, some areas of Orange County are seeing a dynamic rebound in rental rates and vacancy, Jeff Ingham and Bryce Mordoff of Jones Lang LaSalle tell GlobeSt.com.

IRVINE, CA-An interactive map shows The Golden State is ranked #1 in two major sustainability areas and is among the best overall green states, according to mphonline.org.