The Coastal Ridge/H. Katz joint venture has purchased more than $1 billion in properties since its inception in November 2014.

Prepayment penalties are tax deductible in California and at the federal level, and refinancing early could be a good deal for a borrower.

The international engineering firm appointed four executives in management, technology and quality assurance roles.

The office vacancy rate remained relatively flat in the second quarter, but new office product is being absorbed.