SAN FRANCISCO-The fund will be used to invest in multifamily communities in the Bay Area, a region the firm says is a big draw for people, jobs, and the capital necessary to justify large-scale investments in housing.

LOS ANGELES-The new entity, formed as a result of the merger between Nara Bank and Center Bank, will occupy the office space at the Wilshire Colonnade in Koreatown.

LOS ANGELES-The firm came in at No. 1 in Real Estate Forum’s December ranking, where the firm closed $4.8 billion in total dollar volume from July 2010 through June 2011.

FRESNO, CA-The IRS has occupied the building, owned by Government Properties Income Trust, for approximately 30 years.

REDMOND, WA-The office and data center serves as AT&T Wireless’ National Network Operations Center. GlobeSt.com learns that the purchase price was just around $40 million.

IRVINE, CA-The new space at the Michelson is estimated to be valued at more than $27 million and will be used as the company’s global corporate headquarters.

SAN DIEGO-The firm helps its investors focus on the ‘unique fundamentals of the opportunity’ not on ‘macroeconomics of Europe’ with a recent $14-million apartment and $23-million office acquisitions.

DENVER-The office is the firm’s second in the Denver area. Studley plans to hire five real estate professionals there in the next 24 to 36 months.