LOS ANGELES—The renowned builder is chosen to construct two separate projects at Riverside City College and Crafton Hills College, which will cost a total of $36.7 million.

PLAYA VISTA, CA—Playa Vista is “the heart” of the Westside creative office market, thanks to recent leasing transactions from mid- to large-sized tenants and purchases from institutional investors.

TORONTO—Avison Young acquires Calgary-based property management firm Peregrin, adding 1 million square feet to the firm's global property management portfolio and 12 employees to its Calgary office.

LONG BEACH, CA—In this <b>EXCLUSIVE</b> Q&amp;A, Robert Stepp of Stepp Commercial talks about the impressive growth in the Long Beach multifamily market—which ended last year up nearly 40% over 2013.

LOS ANGELES—Genesis Capital, which provides bridge loans to investors of distressed single-family assets reports a 625% increase in loan origination volume last year.

CARSON, CA—An affiliate of KTR buys a 10-acre land site from a local distributor's real estate surplus, with plans to use the site as a land lease or a build-to-suit industrial development.

LOS ANGELES—With the ports heading toward a shutdown after nine months of labor negotiations, we sat down with CBRE's Kurt Strasmann to talk about the potential effects a shutdown will have on the economic and industrial markets.

ENCINO, CA—In an off-market transaction, a private investor offers $44 million, or $366,000 per unit, to IMT Capital to purchase a 120-unit apartment building, GlobeSt.com reports <b>EXCLUSIVELY</b>.