ANAHEIM, CA-Buchanan Street Partners arranges the bridge financing for Leed Metro Center, a 33,000-sf office building in Anaheim. The money will be used to convert the facility from multi-tenant use to single-tenant occupancy by the County of Orange Probation Department.

NEWPORT BEACH, CA-Although still below last year's figures, Nationwide Health Properties Inc.'s results for second quarter 2002 show an improvement over the REIT's first quarter performance. Funds from operations was $21,996,000 or $0.45 per diluted share, as compared with last quarter's FFO, which was $21,051,000 or $0.44 per diluted share.

NEWPORT BEACH, CA-Although still below last year's figures, Nationwide Health Properties Inc.'s results for second quarter 2002 show an improvement over the REIT's first quarter performance. Funds from operations was $21,996,000 or $0.45 per diluted share, as compared with last quarter's FFO, which was $21,051,000 or $0.44 per diluted share.

LAKE FOREST, CA-Buyer OOA Investments Inc. pays $1.7 million for the property, which is located at 31 Orchard in Lake Forest. The transaction is the latest in a string of deals to occur in the South Orange County office market, which recently saw positive net absorption for the first time in two years.

COSTA MESA, CA-The Sam Ayoub Trust acquires the 24-unit La Costa apartment community, which is located at 354 Avocado St. Smaller properties like La Costa have become a favorite among private investors in recent years, according to industry experts.

ANAHEIM, CA-The medical and office property fetches the full list price for seller Cornerstone Advisers. The six-story building was 85% occupied at the time of sale. Anaheim Memorial Hospital is its largest tenant.

IRVINE, CA-The 40,616-sf industrial and office property has been vacant for approximately two years. It is located at 17200 Jamboree Rd. in Irvine.

SAN CLEMENTE, CA-The company, Cameron Health Inc., will occupy its new offices, located at 905 Calle Amanecer, at the beginning of August. The transaction is valued at more than $1.6 million.