LOS ANGELES—Artist & Recreation and PRG Investment & Management complete value-add office and retail project in the arts district, and tenants are flocking, GlobeSt.com reports EXCLUSIVELY.

WASHINGTON, DC—Fannie Mae and Freddie Mac returned to profitability this quarter but FHFA head Mel Watt is still worried about their long-term viability.

ORLANDO—Blue Rock Premier Properties has acquired control and management of a $700-million multifamily portfolio in Florida.

SAN DIEGO—The CBX airport terminal, unified railroad system and Brown Field Municipal Airport redux are striving to improve the infrastructure between the US and Mexico, a recent ULI San Diego-Tijuana Council breakfast event reveals.