LOS ANGELES—AssetAvenue, an online funding platform, funds $13.3 million of loans in one week for private and institutional investors purchasing properties across asset classes.

WOODLAND HILLS, CA—Peregrine Realty Partners spends $19 million on a high-identity multi-tenant office building, the final asset in the purchase of a three-property office portfolio.

PLAYA VISTA, CA—Clarion Partners completes i|o at Playa Vista, a creative office property formerly named Latitude 34, and signs a 49,000-square-foot lease with Group M.

LOS ANGELES—Chinese investor XLD Group buys the Los Angeles Airport Marriott Hotel from DiamondRock, who purchased the Torrance Marriott Hotel last year, and is expected to make $15 million in improvements.

LOS ANGELES—The multifamily investment firm promotes Lynn Owen to COO to oversee the company's $2.4 billion portfolio, and hires Tom Jackson as director of general contracting, Ryan Hall as asset manager and Jeffrey Price as acquisitions analyst.

VERNON, CA—The Vernon submarket is experiencing record-low vacancy rates thanks to an influx of new tenants moving into the space, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.

LOS ANGELES—In this <b>EXCLUSIVE</b> video interview, Craig Jones of MBK Rental Living talks to reporter Kelsi Maree Borland about the strength of the rental market and why it is their preferred asset class.

LOS ANGELES—CBRE launches an integrated occupier advisory and transaction services platform to meet the needs of both large and small clients who want to maximize their real estate, GlobeSt.com reports in this <b>EXCLUSIVE</b> Q&amp;A.