PETALUMA, CA-Regency Centers will invest approximately $61 million into the construction of East Washington Place, which is expected to create approximately 380 construction jobs and 720 permanent jobs.

RIVERSIDE, CA-NAI Capital expands its Inland Empire brokerage teams; Sperry Van Ness adds two new franchises in California and Wisconsin; and Transwestern adds four new agents to its Orange County office.

KONA, HI-Just on the heels of a 300-acre land deal that changed hands for $3.5 million from an offers previously at $55-$70 million, a 660-acre parcel here is on the block for 80% below the previous trading price.

NEWPORT BEACH, CA-The locally based firm promotes Jason Korengold to director of acquisitions and plans to grow its commercial real estate portfolio in California, Arizona and Nevada.

CONCORD, CA-Swift Realty Partners is selling two class A buildings that contain 599,556 square feet and are 100% NNN leased to Bank of America through July 2018.

CORONA, CA-In 2005, offers ranged from $55-million to $70-million for the 300-acre parcel of entitled land here that just traded for only $3.5 million at a public auction in this week’s wrap up of deals.

A new year, a new wave of loan maturities and new opportunities for investors. But from an underwriting standpoint, potential buyers need to look before they leap.

SAN DIEGO-According to sources, low prices and interest rates, coupled with new financing opportunities offered by a few select banks, will drive activity in the area.