SEATTLE-According to an unidentified source not involved in the deal, a partnership between Rreef and Kennedy Wilson sell the Mill at Mill Creek here for approximately $71 million.

LOS ANGELES-Jerry Devon joins the firm from Rreef, where he was responsible for operating, leasing and improving a seven-million-square-foot industrial portfolio. Rexford also reveals $23 million portfolio buy.

PORTLAND, OR-The locally based company’s fund will target apartment and mixed-use buildings, specifically retrofitting and developing LEED-certified apartment properties.

LAGUNA BEACH, CA-According to opening speaker at the IMN conference here, the returns you can get on opportunistic and core assets are through the roof.

LOS ANGELES-While the total gain of 6,600 jobs in California is relatively weak, says Beacon Economics, the number is being affected, in large part, by only one sector: professional and business services.

SAN JUAN CAPISTRANO, CA-The 200-unit Rancho Las Brisas Apartments, which was purchased for $29 million in 2006, sells to Foundation for Affordable Housing for $99,500 per unit.

ENCINO, CA-A recent report issued by Marcus & Millichap predicts the apartment market to continue its marathon-like recovery with a 4.8% increase in effective rent growth forecasted by the end of 2012.

NEWPORT BEACH, CA-‘Fundamentals are place that create the setting for the increase we are seeing in the stock market,’ says keynote speaker Christopher Thornberg of Beacon Economics.