OAKLAND, CA-The new commercial real estate office will be led by managing principals Matt Elmquist and Scott Stone, who formerly were principals at AEGIS Realty Partners in Oakland.

RENO, NV-The independently owned and operated member of the Cushman & Wakefield Alliance, says the move will help ‘better serve its clients through this natural extension of service areas in the Western US.’

LOS ANGELES-Lt. Gov. Gavin Newsom tells ALIS attendees that ‘if you aren’t investing in the future, you won’t do very well,’ using California as a key example of a state that ‘rested on its reputation.’

LOS ANGELES-Panelists and attendees at ALIS are relatively optimistic of the hospitality industry’s future, with RevPar up in 2011, but wonder about what’s in store for the European global economy and how it translates to hospitality.

LOS ANGELES-Both Bill Marriott and Sam Zell, who face off on leadership style and reinvention at the ALIS conference, agree that one of the keys to a successful business is to “have smart people that working for you, and to listen to them.”

SAN JOSE, CA-The loan is secured by America Center, two new class-A office buildings totaling 426,663 square feet, in this week’s wrap up of west coast deals.

LOS ANGELES-Gearing up for the three-day conference, panelist Douglas Kessler, president of Ashford Hospitality Trust, and others chat with GlobeSt.com about REIT activity, and the strong fundamentals that drive hotel performance.

LAGUNA BEACH, CA-Most of the debt coming due was originated when values and rents were at all-time highs, but now prices are about 35%-45% below market peaks, say panelists at the IMN conference.