LOS ANGELES-Privately held Argus Realty Investors pays $16.2 million for the 68,788-sf Marina Tech Centre in Playa del Rey. Sale is latest in a string of transactions that indicate the submarket is coming back after a sluggish first half.

SEATTLE, WA-"The time was right to refinance," a WestCoast vice president tells GlobeSt.com. "We wanted to change from the (previous) variable rate and lock in long-term financing to take advantage of the favorable interest rate environment.

FT. WORTH-Developers from Atlanta, Dallas and Austin are vying for a Ft. Worth convention center hotel project at a precarious time in the hospitality industry. Just a coincidence that all major Texas cities simultaneously are working the circuit, says a hotel division vice president.

DENVER-The BEST program enables JPI residents in Arizona, Colorado, Kansas City, MO and Seattle to apply 20% of their monthly rent payments toward the purchase of a new or previously owned home.